Question: Please help with question 9. Professional Labor Cost Budget for a Service Company Rollins and Cohen, CPAs, offer three types of services to clients: auditing,
Please help with question 9.

Professional Labor Cost Budget for a Service Company Rollins and Cohen, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the month ending January 31, 20Y7: Billable Hours Audit Department: Staff 29,000 Partners 4,400 Tax Department: Staff 21,200 Partners 2,700 Small Business Accounting Department: Staff 3,500 Partners 500 Based on the data provided above and assuming that the average compensation per hour for staff is $65 and for partners is $160, prepare a professional labor cost budget for each department for Rollins and Cohen, CPAs, for the month ending January 31, 20Y7. Rollins and Cohen, CPAs Professional Labor Cost Budget For the Month Ending January 31, 20Y7 Staff Partners Total Hours required for professional services Audit department hours Tax department hours Small business accounting department hours Total hours Average compensation per hour X $ Total professional labor cost $ 1 Previous Next items
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