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E 14.14 E14.14 ( LO 2, 3), AP Keisha Tombert, the bookkeeper for Washington Consulting, a political consulting firm, has recently completed a managerial accounting
E 14.14
E14.14 ( LO 2, 3), AP Keisha Tombert, the bookkeeper for Washington Consulting, a political consulting firm, has recently completed a managerial accounting course at her local college. One of the work in process inventory to consider. Listed here are the costs her firm incurred for the month ended August 01 mon Instructions a. Prepare a schedule of cost of contract services performed (similar to a cost of goods manufactured schedule) for the month. b. List the costs not included in (a), and then explain how they would be classified and reported in the financial statements. Determine cost of goods manufactured and prepare a partial income statementStep by Step Solution
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