Question: Kirk Co. CPA is preparing activity-based budgets for 2011. The partners expect the firm to generate billable hours for the year as follows: Data entry1,100hoursAuditing2,400hoursTax2,150hoursConsulting375hours

Kirk Co. CPA is preparing activity-based budgets for 2011. The partners expect the firm to generate billable hours for the year as follows:

Data entry1,100hoursAuditing2,400hoursTax2,150hoursConsulting375hours

The company pays $8 per hour to data-entry clerks, $40 per hour to audit personnel, $50 list a schedule of budgeted labor costs for 2011 using activity-based budgeting.(Omit the "$" sign in your response.)

KIRK CO.Activity-Based BudgetFor The Year Ending December 31, 2011Budgeted HoursBudgeted Price/hourBudgeted CostData-entry$$AuditingTaxConsultingTotal$

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