Render Co. CPA is preparing activity-based budgets for 2017. The partners expect the firm to generate billable hours for the year as follows:
Data entry ........................... 2,200 hours
Auditing ............................. 4,800 hours
Tax ................................... 4,300 hours
Consulting ........................... 750 hours
The company pays $10 per hour to data-entry clerks, $40 per hour to audit personnel, $50 per hour to tax personnel, and $50 per hour to consulting personnel. Prepare a schedule of budgeted labor costs for 2017 using activity-based budgeting.