Below are the costs incurred by Michael Angelo Company, a consulting firm:

Depreciation on equipment used for contract work P 90,000 Depreciation used on administrative office equipment 105,000 Insurance on administrative operations 90,000 Insurance on contract operations 80,000 Janitorial services for administrative offices 50,000 Janitorial services for professional offices 40,000 Salaries of administrative office personnel 770,000 Salaries of professionals working on contracts 1,260,000 Supplies used in the administrative officers 150,000 Supplies used on consulting contracts 120,000 Utilities for administrative operations 130,000 Utilities for contract operations 110,000

REQUIRED: Prepare a schedule of cost of contract services provided (similar to a cost of goods manufactured schedule) for the month of August of the current year.