Question: Based on the data in Exercise 21-7 and assuming that the average compensation per hour for staff is $40 and for partners is $150, prepare

Based on the data in Exercise 21-7 and assuming that the average compensation per hour for staff is $40 and for partners is $150, prepare a professional labor cost budget for each department for Perez and Ford, CPAs, for the year ending December 31, 2012. Use the following column heading:
Staff Partner

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