sted here are the costs her firm incurred for month ended August Supplies used on consulting contracts $1,600 Supplies used in the administrative offices 1,440 Depreciation on equipment used for contract work 880 Depreciation on administrative office equipment 1,000 Salaries of professionals working on contracts 14,960 Salaries of administrative office personnel 7,360 Janitorial services for professional offices 640 Janitorial services for administrative offices 480

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 2EA: Park and West, LLC, provides consulting services to retail merchandisers in the Midwest. In 2019,...
icon
Related questions
Question
Listed here are the costs her firm incurred for the month ended August 31, 2022.
Supplies used on consulting contracts
$1,600
Supplies used in the administrative offices
1,440
Depreciation on equipment used for contract work
880
Depreciation on administrative office equipment
1,000
Salaries of professionals working on contracts
14,960
Salaries of administrative office personnel
7,360
Janitorial services for professional offices
640
Janitorial services for administrative offices
480
Insurance on contract operations
800
Insurance on administrative operations
880
Utilities for contract operations
1,360
Utilities for administrative offices
1,280
(a)
Prepare a schedule of cost of contract services performed (similar to a cost of goods manufactured schedule) for the month.
TAMARISK CONSULTING
Schedule of Cost of Contract Services Performed
For the Month Ended August 31, 2022 :
2$
%24
Transcribed Image Text:Listed here are the costs her firm incurred for the month ended August 31, 2022. Supplies used on consulting contracts $1,600 Supplies used in the administrative offices 1,440 Depreciation on equipment used for contract work 880 Depreciation on administrative office equipment 1,000 Salaries of professionals working on contracts 14,960 Salaries of administrative office personnel 7,360 Janitorial services for professional offices 640 Janitorial services for administrative offices 480 Insurance on contract operations 800 Insurance on administrative operations 880 Utilities for contract operations 1,360 Utilities for administrative offices 1,280 (a) Prepare a schedule of cost of contract services performed (similar to a cost of goods manufactured schedule) for the month. TAMARISK CONSULTING Schedule of Cost of Contract Services Performed For the Month Ended August 31, 2022 : 2$ %24
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Cost classification
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College