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 hou r5 for each department. by quarter. are provided below. Department Quarter '1 Quarter2 QuarterS Quarter4 Auditing 2.390 1,610 2.040 2,470 Tax 3.060 2,200 2.040 2,550 Consulting 1.530 1.530 1.530 1.530 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 Quarter 1 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Auditing $ $