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Question 9 of 14 < View Policies -/1 E Current Attempt in Progress Coronado and Crede, CPAs, are preparing their service revenue (sales) budget
Question 9 of 14 < View Policies -/1 E Current Attempt in Progress Coronado 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 Auditing Quarter 1 Quarter 2 Quarter 3 Quarter 4 2,790 1,850 2,360 2,870 Tax 3,540 2,520 2,360 2,950 Consulting 1,770 1,770 1,770. 1,770 Average hourly billing rates are auditing $70, tax $80, and consulting $100. 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. Quarter 1 CORONADO AND CREDE, CPAs Service Revenue Budget For the Year Ending December 31, 2022
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