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Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Auditing Tax Consulting Dept. Auditing Tax Consulting Quarter 1 Totals 2,300 3,000 1,500 Quarter 2 1,600 Billable Hours 2,200 1,500 Average hourly billing rates are auditing $80, tax $90, and consulting $110. Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. Quarter 3 $ 2,000 2,000 1.500 Quarter 4 Quarter 1 2,400 2,500 1,500 Billable Rate $ $ THOME AND CREDE, CPAS Service Revenue Budget Total Rev. Billable Hours $ Quarter 2 Billable Rate $ Total Rev.

Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Auditing Tax Consulting Dept. Auditing Tax Consulting Quarter 1 Totals 2,300 3,000 1,500 Quarter 2 1,600 Billable Hours 2,200 1,500 Average hourly billing rates are auditing $80, tax $90, and consulting $110. Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. Quarter 3 $ 2,000 2,000 1.500 Quarter 4 Quarter 1 2,400 2,500 1,500 Billable Rate $ $ THOME AND CREDE, CPAS Service Revenue Budget Total Rev. Billable Hours $ Quarter 2 Billable Rate $ Total Rev.

FINANCIAL ACCOUNTING
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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please help me solve for all 4 service renevue budgets
Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. D Department Auditing Tax Consulting Dept. Auditing Tax Consulting Quarter 1 Totals 2,300 3,000 1,500 Quarter 2 Quarter 3 Average hourly billing rates are auditing $80, tax $90, and consulting $110. Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. 1,600 2,200 1,500 Billable Hours 2,000 $ 2,000 1,500 Quarter 4 Quarter 1 2,400 2,500 1,500 Billable Rate $ THOME AND CREDE, CPAS Service Revenue Budget Total Rev. Billable Hours $ Quarter 2 Billable Rate $ Total Rev.
Transcribed Image Text:Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. D Department Auditing Tax Consulting Dept. Auditing Tax Consulting Quarter 1 Totals 2,300 3,000 1,500 Quarter 2 Quarter 3 Average hourly billing rates are auditing $80, tax $90, and consulting $110. Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. 1,600 2,200 1,500 Billable Hours 2,000 $ 2,000 1,500 Quarter 4 Quarter 1 2,400 2,500 1,500 Billable Rate $ THOME AND CREDE, CPAS Service Revenue Budget Total Rev. Billable Hours $ Quarter 2 Billable Rate $ Total Rev.
Dept. Auditing Tax Consulting Totals Dept. Auditing Tax Consulting Totals Billable Hours Billable Hours $ Quarter 3 $ Billable Rate THOME AND CREDE, CPAS Service Revenue Budget Year Billable Rate $ $ $ $ THOME AND CREDE, CPAS Service Revenue Budget Total Rev. Total Rev. Billable Hours $ Quarter 4 Billable Rate $ $ Total Rev.
Transcribed Image Text:Dept. Auditing Tax Consulting Totals Dept. Auditing Tax Consulting Totals Billable Hours Billable Hours $ Quarter 3 $ Billable Rate THOME AND CREDE, CPAS Service Revenue Budget Year Billable Rate $ $ $ $ THOME AND CREDE, CPAS Service Revenue Budget Total Rev. Total Rev. Billable Hours $ Quarter 4 Billable Rate $ $ Total Rev.
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