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Render Co. CPA is preparing activity-based budgets for 2019. The partners expect the firm to generate billable hours for the year as follows: Data entry
Render Co. CPA is preparing activity-based budgets for 2019. The partners expect the firm to generate billable hours for the year as follows:
Data entry | 1,050 | hours |
Auditing | 2,350 | hours |
Tax | 2,080 | hours |
Consulting | 330 | hours |
The company pays $11 per hour to data-entry clerks, $39 per hour to audit personnel, $54 per hour to tax personnel, and $54 per hour to consulting personnel. Prepare a schedule of budgeted labor costs for 2019 using activity-based budgeting.
L Lumpany pays $11 per hour to data-entry clerks, $39 per hour to audi to consulting personnel. Hint Prepare a schedule of budgeted labor costs for 2019 using activity-based Print RENDER CO. CPA Activity-Based Budget For The Year Ending December 31, 2019 Budgeted Budgeted Budgeted Hours Rate/hour Cost Data entry Auditing Tax Consulting TotalStep by Step Solution
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