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View Policies Current Attempt in Progress Whispering Winds, CPAS, are preparing their service revenue (sales) budget for 2022. Their practice is divided into three departments:
View Policies Current Attempt in Progress Whispering Winds, CPAS, are preparing their service revenue (sales) budget for 2022. Their practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are as follows: Department Auditing Tax Consulting Quarter 1 Auditing: 2,400 3,300 1,700 Quarter 2 1,700 2,200 1,700 Quarter 3 1,900 2,100 1,700 Quarter 4 2,200 2,700 1,700 Average hourly billing rates are $61 for auditing, $71 for tax, and $82 for consulting services. Prepare the service revenue (sales) budget for 2022 by listing the departments and showing the billable hours, billable rate, and total revenue for each quarter and the year in total. 2 WHISPERING WINDS, CPAs Service Revenue Budget For the Year Ending December 31, 2022 Quarter 3 4
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