Sadie & Chipper, 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 March $31,20$Y$6$:

Billable Hours

Audit Department:

Staff

Partners

Tax Department:

Staff

Partners

$37,800$

$5,700$

$5,700$

$28,700$

$3,600$

Small Business Accounting Department:

Staff

$5,300$

Partners

$700$

Assume that the average compensation per hour for staff is $$60$ and for partners is $$155.$

Prepare a professional labor cost budget for Sadie & Chipper, CPAs, for the year ending March $31,20$Y$6.$ Enter all amounts as positive

numbers.

SADIE & CHIPPER, CPAS

Professional Labor Cost Budget

For the Year Ending March $31,20$ Y$6$