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Question 1 (20 minutes) Jenny works as a bookkeeper for a financial planning firm in...

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Question 1 (20 minutes) Jenny works as a bookkeeper for a financial planning firm in the city. She has been asked to prepare a fees budget for the quarter ending March 2020. The services that the firm provide are as follows: Financial advice $62 per hour Preparation of financial plan $2,500 per plan Jenny has been researching the billing data and has prepared the following: Billing data for the quarter ending 31 March 2020 Financial advice (No. of hrs) No. of financial plans Jan 1,310 52 Feb 1,460 78 Mar 1.390 57 Required: Prepare the fees budget for the quarter ending 31 March 2020

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