Question: Based on the data in Exercise 7 and assuming that the average compensation per hour for staff is $45 and for partners is $140, prepare

Based on the data in Exercise 7 and assuming that the average compensation per hour for staff is $45 and for partners is $140, prepare a professional labor cost budget for each department for Rollins and Cohen, CPAs, for the year ending December 31, 20Y8. Use the following column headings:
Staff _____________________ Partners

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