Question: please answer part 1, 2 and 3. show all work and highlight answer. thank you Refer to the Accutox Incorporated exhibit One of the partners

please answer part 1, 2 and 3. show all work and highlight answer. thank you
please answer part 1, 2 and 3. show all work and highlight
answer. thank you Refer to the Accutox Incorporated exhibit One of the
partners is planning to retire at the end of the year. May

Refer to the Accutox Incorporated exhibit One of the partners is planning to retire at the end of the year. May Higgins, the sole remaining partner, plans to add a manager at an annual salary of $90,240. She expects the manager to work, on average, 45 hours a week for 45 weeks per year. She plans to change the required staff time for each hour spent to complete a tax return to the following Complex Simple Individual Individual Business Return Return Return Partner 0.4 hour 0.07 hour Manager 0.1 hour 0.13 hour Senior Consultant 0,5 hour 0.40 hour 0.2 hour Consultant 0.40 hour 0.8 hour . The manager is salaried and earns no overtime pay, Senior consultants are salaried but receive time and a half for any overtime worked. The firm plans to keep all the senior consultants and adjust the number of consultants as needed including employing part- time consultants, who also are paid on an hourly basis. Higgins has also decided to have five supporting staff at $44,000 each. All other operating data remain unchanged. The manager will share 9% of any profit over $520,000 before bonus. Required: 1. What are the budgeted total cost for overtime hours worked by senior consultants? 2. How many full-time consultants should be budgeted? 3. Determine the manager's total compensation and total pretax operating income for the firm, assuming that the revenues from preparing tax returns remain unchanged Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the manager's total compensation and total pretax operating income for the firm, assuming that the revenues from preparing tax returns remain unchanged. AccuTax Inc. Budgeted Operating Income For the Year ended December 31, 2022 Revenue Payroll expenses Partner Manager Senior consultants-base pay Senior consultants Required: 1 What are the budgeted total cost for overtime hours worked by senior consultants? 2. How many full-time consultants should be budgeted? 3. Determine the manager's total compensation and total pretax operating income for the firm, assuming that the revenues from preparing tax returns remain unchanged. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Determine the manager's total compensation and total pretax operating income for the tim, assuming that the revenues from preparing tax returns remain unchanged. Accu Tax Inc. Budgeted Operating Income For the Year ended December 31, 2022 Revenue Payrol expenses Partner Manager Senior consultants-base pay Senior consultants pay for overtime hours Refer to the Acculax Incomated exhibit One of the partners is planning to retire at the end of the year. May Higgins, the sole remaining partner, plans to add a manager at an annual salary of $90,240. She expects the manager to work, on average, 45 hours a week for 45 weeks per year. She plans to change the required staff time for each hour spent to complete a tax return to the following: Complex Staple Individual Individual Business Return Return Return Partner 0.4 hour 0.07 hour Manager 0.1 hour 0.13 hour Senior Consultant 0.5 hour 0.40 hour 2.2 hour Consultant 8.40 hour 0.8 hour The manager is salaried and earns no overtime pay. Senior consultants are salaried but receive time and a half for any overtime worked. The firm plans to keep all the senior consultants and adjust the number of consultants as needed including employing part- time consultants, who also are paid on an hourly basis. Higgins has also decided to have five supporting staff at $14.000 each. AR other operating data remain unchanged. The manager will share 9% of any profit over $520.000 before bonus Required: 1 What are the budgeted total cost for overtime hours worked by senior consultants? 2. How many full time consultants should be budgeted? 3. Determine the manager's total compensation and total pretax operating income for the firm, assuming that the revenues from preparing tax returns remain unchanged. Complete this question by entering your answers in the tabs below. Required 1 Naquired Required 3 Determine the manager's total compensation and total protax operating income for them, assuming that the revances from preparing tours remain unchanged

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