Details of this Paper

ACC 561 - Garza and Neely, CPAs, are preparing their service revenue (sales) budget

Description

solution


Question

Question;Garza and Neely, CPAs, are preparing their service revenue (sales) budget for the coming year (2012). 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;2,340;1,900;2,240;2,500Tax;3,240;2,560;2,360;2,630Consulting;1,730;1,730;1,730;1,730Average hourly billing rates are: auditing $82, tax $95, and consulting $102.Prepare the service revenue (sales) budget for 2012 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue.GARZA AND NEELY, CPAsSales Revenue BudgetFor the Year Ending December 31, 2012;Quarter 1;Quarter 2;Dept.;Billable Hours;Billable Rate;Total Rev.;Billable Hours;Billable Rate;Total Rev.;Auditing;$;$;$;$Tax;Consulting;$;$GARZA AND NEELY, CPAsSales Revenue BudgetFor the Year Ending December 31, 2012;Quarter 3;Quarter 4;Dept.;Billable Hours;Billable Rate;Total Rev.;Billable Hours;Billable Rate;Total Rev.;Auditing;$;$;$;$Tax;Consulting;$;$GARZA AND NEELY, CPAsSales Revenue BudgetFor the Year Ending December 31, 2012;Year;Dept.;Billable Hours;Billable Rate;Total Rev.;Auditing;$;$Tax;Consulting;$

 

Paper#44165 | Written in 18-Jul-2015

Price : $19
SiteLock