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Swifty and Crede.CPAs, are preparing their service revenue (sales) budget for the coming year (2022). The practice is divided into three departments: auditing tax, and
Swifty and Crede.CPAs, are preparing their service revenue (sales) budget for the coming year (2022). The practice is divided into three departments: auditing tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Auditing Quarter 1 1.890 Quarter 4 1.970 Quarter 2 Quarter 3 1.310 1,640 1.800 1,640 1.230 1.230 Tax 2.460 2.050 Consulting 1.230 1.230 Average hourly billing rates are auditing $ 70, tax $80, and consulting $ 100. Prepare the service revenue (sales) budget for 2022 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. SWIFTY AND CREDE, CPAS Service Revenue Budget Quarter 1 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Auditing $ $ Tax Consulting Totals $ Quarter 1 Quarter 2 Quarter 3 Quarter 4 Department Auditing 1,890 1,310 1,640 1.970 Tax 2,460 1,800 1,640 2,050 Consulting 1.230 1,230 1.230 1.230 Average hourly billing rates are auditing $ 70, tax $ 80, and consulting $ 100. Prepare the service revenue (sales) budget for 2022 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. SWIFTY AND CREDE, CPAS Service Revenue Budget Quarter 2 Total Rev. Billable Hours Billable Rate Total Rev. $ $ $ $ $ SWIFTY AND CREDE, CPAS Service Revenue Budget Quarter 3 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Auditing $ $ Tax Consulting Totals $ SWIFTY AND CREDE, CPAS Service Revenue Budget Quarter 4 Total Rev. Billable Hours Billable Rate Total Rev. $ $ $ $ $ SWIFTY AND CREDE, CPAS Service Revenue Budget Year Dept. Billable Hours Billable Rate Total Rev. Auditing $ $ Tax Consulting Totals $ UR e Textbook and Media SWIFTY AND CREDE, CPAS Service Revenue Budget Year Dept. Billable Hours Billable Rate Total Rev. Auditing $ $ Tax Consulting Totals $ UR e Textbook and Media
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