Problem - Render Co CPA is preparing activity-based budgets for 2015. The partners expect the firm to generate billable hours for the year as follows:
Data entry - 1,010 hours
Auditing - 2,470 hours
Tax - 2,220 hours
Consulting - 385 hours
The company pays $10 per hour to data-entry clerks 537 per hour to audit personnel $58 per hour to tax personnel and $58 per hour to consulting personnel.
Required - Prepare a schedule of budgeted labor costs for 2015 using activity-based budgeting.