OL Homework 10 Chapter 13 Core Help Seve 3 25 DO Executive Solutions is a strategy consulting firm. Other than the senior leadership (who manage these but do not actively cost the managers and staff are biled to clients on an hourly basis. The workload vanes quite a bit from mouth to montering.com planning Managers are billed to clients at a rate of $1,000 per hour and start at a rate of $505 per hour Managers are ad 5335 per hour worked including nonbillable time and staff are paid 5180 per hour. The current plan cales for managers to 1.310 hours in May and 360 hours in June. Staff are expected to be 6,620 hours in May and 4720 hours in Managers will work out of 2,620 hours both months and staff will work a total of 9.820 hours in both moet Other monthly costs all fod are $555 500 SGSA 5230 500 in depreciation, 155500 rong Required: Prepare a budgeted Income statement for Executive Solutions for May and June partie EXECUTIVE LUTIONS Badem Stent May R Manager To Maram ME Gram Elv Next > Photo . 30 10 new 3 Omer monthly costs to heed are 5555 500 SGA 220.500 in deprecation, and 15.500 in marketing Required: Prepare a budgeted income statement for Executive Solutions for May and Junte separately) EXECUTIVE SOLUTIONS Ludgerted into Statem My 25 De Revenues Managers Total Expenses Manager compensation Sa compensation To compensation SELA Depreciation ang Tolpes Income Me Graw Hill