3. S.Fakapiko practices as a public accountant and offers taxation and accounting services in the urban area and the rural area. You are required to use the information provided to prepare a revenue budget for the March quarter 2019, by region and by services. Taxation services: 40% of their services are conducted in the rural area In 2018 S.Fakapiko charged out the following hours: Taxation services March quarter 2018 Month Hours Charge-out rate Urban ($) Rural ($) 45 January February March 140 40 230 45 40 240 50 45 It is anticipated that the hours to charged out will increase by: January February March 10% 20% 20% The charged out rate for the urban area will remain constant for January and February, but increase by $5 per hour for March. The rural ratewill increase by $2 per hour for each of the three months.

3. S.Fakapiko practices as a public accountant and offers taxation and accounting services in the urban area and the rural area. You are required to use the information provided to prepare a revenue budget for the March quarter 2019, by region and by services. Taxation services: 40% of their services are conducted in the rural area In 2018 S.Fakapiko charged out the following hours: Taxation services March quarter 2018 Month Hours Charge-out rate Urban ($) Rural ($) 45 January February March 140 40 230 45 40 240 50 45 It is anticipated that the hours to charged out will increase by: January February March 10% 20% 20% The charged out rate for the urban area will remain constant for January and February, but increase by $5 per hour for March. The rural ratewill increase by $2 per hour for each of the three months.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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