Professional Dental Associates is a large dental practice in Suva. Shomal, the firm's accountant, provides you with the following information to prepare the budget for 2024. He projects a total of 42000 patient visits throughout the year, of which 3000 will be in May and 7000 in June. Sixty-two per cent of the visits will be half-hour appointments, and the remainder will be one- hour visits. The average fees charged to patients for professional dental services are $100 for half-hour appointments and $190 for one-hour visits. Eighty-five per cent of each month's professional service revenue is collected during the month when services are rendered, and the remainder is collected the month following service. Uncollectable billings are negligible. Professional Dental dentists are paid $125 per hour. Required L Prepare a direct labour budget for May and June, which includes total direct professional labour hours and costs.
