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 month ending January 31, 20Y7:

	Billable Hours
Audit Department:
	Staff	34,400
	Partners	5,200
Tax Department:
	Staff	25,100
	Partners	3,100
Small Business Accounting Department:
	Staff	4,500
	Partners	600

Based on the data provided above and assuming that the average compensation per hour for staff is $55 and for partners is $150, prepare a professional labor cost budget for each department for Rollins and Cohen, CPAs, for the month ending January 31, 20Y7.

	Staff	Partners	Total
Hours required for professional services
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	$fill in the blank 13