Render Co. CPA is preparing activity-based budgets for 2015. The partners expect the firm to generate billable hours for the year as follows: The company pays $9 per hour to data-entry clerks, $37 per hour to audit personnel, $52 per hour to tax personnel, and $52 per hour to consulting personnel. Prepare a schedule of budgeted labor costs for 2015 using activity-based budgeting