Rollins and Cohen, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year ending December 31, 20Y7:

		Billable Hours
Audit Department:
	Staff	31,000
	Partners	4,700
Tax Department:
	Staff	23,600
	Partners	3,000
Small Business Accounting Department:
	Staff	4,300
	Partners	600

Based on the data provided above and assuming that the average compensation per hour for staff is $70 and for partners is $165, prepare a professional labor cost budget for each department for Rollins and Cohen, CPAs, for the year ending December 31, 20Y7.

Rollins and Cohen, CPAs
Professional Labor Cost Budget
For the Year Ending December 31, 20Y7
	Staff	Partners
Audit department hours	fill in the blank 1	fill in the blank 2
Tax department hours	fill in the blank 3	fill in the blank 4
Small business accounting department hours	fill in the blank 5	fill in the blank 6
Total hours	fill in the blank 7	fill in the blank 8
Average compensation per hour	x $fill in the blank 9	x $fill in the blank 10
Total professional labor cost	$fill in the blank 11	$fill in the blank 12