Render Co. CPA is preparing activity-based budgets for 2019. The partners expect the firm to generate billable hours for the year as follows: Data entry Auditing Tax Consulting 1,110 hours 2,430 hours 2,070 hours 390 hours The company pays $10 per hour to data-entry clerks, $45 per hour to audit personnel, $57 per hour to tax personnel, and $57 per hour to consulting personnel. Prepare a schedule of budgeted labor costs for 2019 using activity-based budgeting. RENDER CO. CPA Activity-Based Budget For The Year Ending December 31, 2019 Budgeted Budgeted Budgeted Hours Rate/hour Cost Data-entry Auditing Tax Consulting Total