Question: Below is the labor budget data for Roy & Miller Accounting, LLP . Partner Salaries $ 8 0 0 , 0 0 0 Partner Benefits

Below is the labor budget data for Roy & Miller Accounting, LLP.
Partner Salaries $ 800,000 Partner Benefits (30%)240,000 Total Partner Compensation $ 1,040,000 Staff Accountant Salaries $ 1,000,000 Staff Benefits (30%)300,000 Total Staff Compensation $ 1,300,000
The budgeted overhead cost for the year is $2,246,400. The company estimated that one-third of the budgeted overhead cost supports the firms two partners, and two-thirds supports staff accountants. The current audit bid for Monoco Industries requires $17,000 in direct partner professional labor, $30,000 in direct staff accountant professional labor, $5,400 in direct material.
What is the total budgeted compensation for both partners and staff accountants?

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