Question: pleas explain how you got each answer. for the first service revenue budget- the quarter 2 portion of the statment was cut off. for the



Bonita and Crede, CPAS, are preparing their service revenue (sales) budget for the coming year (2022). 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 $110. Prepare the service revenue (sales) budget for 2022 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. BONITA AND CREDE, CPAS Service Revenue Budget \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Year } \\ \hline Dept. & Billable Hours & & Billable Rate & & Total Rev. \\ \hline Auditing & & $ & & $ & \\ \hline Tax & & & & & \\ \hline Consulting & & & & & \\ \hline Totals & & & & $ & \\ \hline \end{tabular}
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