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 1,000 hours 2,330 hours 2,100 hours 385 hours The company pays $9 per hour to data-entry clerks, $38 per hour to audit personnel, $59 per hour to tax personnel, and $59 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