A B D E 5 6 8 9 10 11 INSTRUCTIONS: The following are the actual numbers for January Materials Purchased $5,000 of Materials Consumed 40% of those purchased materials Direct Labor Direct Labor was $6,240 Overhead Overhead was $2,800 12 13 14 15 16 17 18 19 20 21 22 Lookin' Dog Gone Good Dog-Grooming Statement of Cost of Services For the Month Ended January 31, xox 24 25 26 0 27 Beginning Work in Process Inventory Direct Materials: Materials - Beginning Add: Purchases for month of January Materials Available for Use Deduct: Ending Materials Materials Used 29 30 Direct Labor Overhead 32 33 34 35 37 38 39 40 41 Total Service Costs Deduct: Ending Work in Process Inventory Cost of Services 2. 44 * Cost of Goods Sold = Cost of Services There is no finished goods inventory to maintain 45