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7 Keisha Tombert, the bookkeeper for Sage Hill Consulting, a political consulting firm, has recently completed a managerial accounting course at her local college. One
7 Keisha Tombert, the bookkeeper for Sage Hill Consulting, a political consulting firm, has recently completed a managerial accounting course at her local college. One of the topics covered in the course was the cost of goods manufactured schedule. Keisha wondered if such a schedule could be prepared for her firm. She realized that, as a service-oriented company, it would have no work in process inventory to consider. Listed here are the costs her firm incurred for the month ended August 31, 2022 Supplies used on consulting contracts $1,480 Supplies used in the administrative offices 1.320 Depreciation on equipment used for contract work 800 Depreciation on administrative office equipment Salaries of professionals working on contracts Salaries of administrative office personnel Janitorial services for professional offices Janitorial services for administrative offices 440 920 13,720 6,760 600 Insurance on contract operations Insurance on administrative operations 720 800 Utilities for contract operations 1.240 Utilities for administrative offices 1.160 (a) ork 1 Question 7 of 11 < SAGE HILL CONSULTING Schedule of Cost of Contract Services Performed For the Year Ended August 31, 2022 For the Month Ended August 31, 2022 August 31, 2022 $ -/1 E k1 Question 7 of 11 < SAGE HILL CONSULTING Schedule of Cost of Contract Services Performed Total Cost of Contract Services Provided Contract Equipment Depreciation Depreciation Used on Administrative Office Equipment Insurance on Administrative Operations Insurance on Contract Operations Janitorial Services for Administrative Offices Janitorial Services for Professional Offices Salaries of Administrative Office Personnel Salaries of Professionals (Direct Labor) Service Overhead Supplies Used in the Administrative Offices Supplies Used (Direct Materials) Utilities for Administrative Offices Utilities for Contract Operations Total Overhead $ -/1 E
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