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Sadle & Chipper, CPAS, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following
Sadle & 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, 2046: Billable Hours Audit Department: Starr 41,500 Partners 6,200 Tax Department Starr 31,100 Partners 3,900 Small Business Accounting Department: Starr 5,800 Partners 800 The average billing rate for staff is $120 per hour, and the average billing rate for partners is $240 per hour. Prepare a professional fees earned budget for Sadle & Chipper, CPAS, for the year ending March 31, 20Y6. SADIE & CHIPPER, CPAS Professional Fees Earned Budget For the Year Ending March 31, 20Y6 Billable Hours Hourly Rate Total Revenue Audit Department: Starr Partners Total Tax Department: Starr Partners Total Small Business Accounting Department: Starr Partners Total Total professional fees earned
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