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Waterway and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2022). The practice is divided into three departments: auditing, tax,
Waterway 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 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 3,040 2,000 2,560 3,120 Tax 3,840 2,720 2,560 3,200 Consulting 1,920 1.920 1,920 1,920 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. Dept. Billable Hours Auditing $ Tax Consulting Totals Quarter 1 Billable Rate $ $ WATERWAY AND CREDE, CPAs Service Revenue Budget Total Rev. Billable Hours Waterway 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 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 3,040 2,000 2,560 3,120 Tax 3,840 2,720 2,560 3,200 Consulting 1,920 1,920 1,920 1,920 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. WATERWAY AND CREDE, CPAs Service Revenue Budget arter 1 le Rate Total Rev. Billable Hours $ $ $ Quarter 2 Billable Rate Total Rev. $ $ WATERWAY AND CREDE, CPAs Service Revenue Budget Quarter 3 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Auditing $ $ Tax Consulting Totals WATERWAY AND CREDE, CPAs Service Revenue Budget Dept. Billable Hours Auditing Tax Consulting Totals $ $ Year Billable Rate Total Rev. $ $ WATERWAY AND CREDE, CPAs Service Revenue Budget le Rate Total Rev. Billable Hours $ $ WATERWAY AND CREDE, CPAs Service Revenue Budget Dept. Billable Hours Auditing Tax Consulting Totals $ $ Quarter 4 Billable Rate Year Billable Rate Total Rev. $ Total Rev. $ $
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