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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
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 1.2 hours. On average, HHH completes about 12,000 cleanings per year. The following total costs are associated with the total cleanings: Direct materials Direct labor Variable overhead Fixed overhead Next year, HHH expects to purchase $34,400 of direct materials. Projected beginning and ending inventories for direct materials are as follows: $372,000 13,200 15,600 Direct materials Inventory Beginning Ending 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 "O". $2,900 1,500 Happy Home Helpers, Inc. Statement of Cost of Services Produced For the Coming Year
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