roche and young cpas sales revenue budget 501054

Roche and Young, CPAs, are preparing their service revenue (sales) budget for the coming year (2012). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below.
Department Quarter 1 Quarter 2 Quarter 3 Quarter 4
Auditing 2,200 1,600 2,000 2,400
Tax 3,000 2,400 2,000 2,500
Consulting 1,500 1,500 1,500 1,500
Average hourly billing rates are: auditing $80, tax $90, and consulting $100.

Complete the service revenue (sales) budget for 2012 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue.

ROCHE AND YOUNG, CPA’s
Sales Revenue Budget
For the Year Ending December 31, 2012

Quarter 1
Dept Billable Hours Billable Rate Total Rev.
Auditing $ $
Tax
Consulting
Totals $

Quarter 2
Auditing $ $
Tax
Consulting
Totals$

Quarter 3
Auditing $ $
Tax
Consulting
Totals$

Quarter 4
Auditing $ $
Tax
Consulting
Totals$

Totals
Auditing $ $
Tax
Consulting
Totals$