Crede and Rensing, CPAs, are preparing their service revenue (sales) budget for the coming year (2011). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below.

Average hourly billing rates are: auditing $80, tax $90, and consulting $100.

Instructions
Prepare the service revenue (sales) budget for 2011 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and totalrevenue.

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Departmen Auditing Tax Consulting Quarter 1 Ouarter 2 Quarter 3uarter 4 2,200 3,000 1,500 1,600 2,400 1,500 2,000 2,000 1,500 2,400 2,500 1,500