wk 6 wiley assignment acc 561 495504

Description / Instructions: Complete the following in WileyPLUS: *Exercises: 20-3 *Exercises: 22-1 *Brief Exercise 23-3 *Brief Exercise 23-4 *Brief Exercise 23-6 ?? Top of Form Bottom of Form ? ?? ?Question 1????Garza and Neely, 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??2,470??1,990??2,180??2,690??Tax??3,110??2,750??2,360??2,770??Consulting??1,670??1,670??1,670??1,670???Average hourly billing rates are: auditing $84, tax $93, and consulting $103.??Prepare the service revenue (sales) budget for 2012 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. GARZA AND NEELY, CPAs?Sales Revenue Budget?For the Year Ending December 31, 2012???Quarter 1?Quarter 2??Dept.?Billable Hours?Billable Rate?Total Rev.?Billable Hours?Billable Rate?Total Rev.??Auditing??$?$??$?$??Tax????????Consulting???????????$???$?? GARZA AND NEELY, CPAs?Sales Revenue Budget?For the Year Ending December 31, 2012??Quarter 3?Quarter 4??Dept.?Billable Hours?Billable Rate?Total Rev.?Billable Hours?Billable Rate?Total Rev.??Auditing??$?$??$?$??Tax????????Consulting???????????$???$?? GARZA AND NEELY, CPAs?Sales Revenue Budget?For the Year Ending December 31, 2012??Year??Dept.?Billable Hours?Billable Rate?Total Rev.??Auditing??$?$??Tax?????Consulting????????$?????? ????? ??????????????????? Top of Form Bottom of Form ? ?? ?Question 2????Stanton Company is planning to produce 2,900 units of product in 2012. Each unit requires 2.10 pounds of materials at $6.60 per pound and a half-hour of labor at $13.00 per hour. The overhead rate is 70% of direct labor.??(a) Compute the budgeted amounts for 2012 for direct materials to be used, direct labor, and applied overhead. Direct…