Question: Render Co. CPA is preparing activity- based budgets for 2017. The partners expect the firm to generate billable hours for the year as follows: Data
Render Co. CPA is preparing activity- based budgets for 2017. The partners expect the firm to generate billable hours for the year as follows: Data Entry -1,170 hours, Auditing -2,310 hours, Tax - 2,180 hours, Consulting- 375 hours. The company pays $ 9 per hour to data-entry clerks , $38 per hour to audit personnel , $ 51 per hour to tax personnel, and $ 51 per hour to consulting personnel . Prepare a schedule of budgeted labor costs for 2017 using activity-based budgeting.
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