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Question 2 of 10 < > View Policies -/1.4 Current Attempt in Progress Lily and Crede, CPAs, are preparing their service revenue (sales) budget

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Question 2 of 10 < > View Policies -/1.4 Current Attempt in Progress Lily and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2022). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 1,940 1,340 1,680 2,020 Tax 2,520 1,840 1,680 2,100 Consulting 1,260 1,260 1,260 1,260 Average hourly billing rates are auditing $60, tax $70, and consulting $90. Prepare the service revenue (sales) budget for 2022 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. Dept. Billable Hours Auditing Tax Consulting Totals $ Quarter 1 Billable Rate Quarter 3 Dept. Billable Hours Billable Rate Auditing $ Tax Consulting Totals Dept. Billable Hours Auditing Tax Consulting Totals LILY AND CREDE, CPAS Service Revenue Budget $ Year Billable Rate $ $ $ $ LILY AND CREDE, CPAS Service Revenue Budget Total Rev. Billable Hours LILY AND CREDE, CPAS Service Revenue Budget Total Rev. Billable Hours Total Rev.

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