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 1,620 hours 2,450 hours 2,050 hours 390 hours The company pays $9 per hour to data entry clerks, $43 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 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