Cost of Services Produced Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor Variable overhead Fixed overhead ? $375,000 16,500 19,500 Next year, HHH expects to purchase $46,400 of direct materials. Projected beginning and ending inventories for direct materials are as follows: Beginning Ending Direct materials Inventory $4,400 3,000 There is no work-in-process inventory; in other words, a cleaning is started and completed on the same day. Required: 1. Prepare a statement of services produced in good form. If an amount is zero, enter "0". Happy Home Helpers, Inc. Statement of Cost of Services Produced For the Coming Year Direct materials Beginning inventory Add: Purchases Materials available 4,400 46,400 50.800 3,000 47,800 Less: Ending inventory Direct materials used in production Direct labor Check Hy Wook 0 more Check My Work uses remaining Previous Next 1. Prepare a statement of services produced in good form. If an amount is zero, enter "0". Happy Home Helpers, Inc. Statement of Cost of Services Produced For the Coming Year Direct materials Beginning inventory 4,400 Add: Purchases Materials available Less: Ending inventory Direct materials used in production 46,400 50,800 -3,000 47,800 Direct labor 375,000 Cleaning overhead 36,000 Total services production costs added 458,800 Add: Ending inventory X 439,300 X Less: Direct labor 19,500 X Cost of services produced 458,800 V Feedback Check My Work See Cornerstone 2.2 2. What if HHH planned to purchase $50,400 of direct materials? Assume there would be no change in beginning and ending in