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G . M . Richardson, CPA, entered into a cost - plus contract with Ivey Computer Services for software installation and Internet interfacing in her
G M Richardson, CPA, entered into a costplus contract with Ivey Computer Services for software installation and Internet interfacing in her accounting practice. The following is Ivey Computer Services' job cost card for this job. Ivey's profit factor is percent of total costs. Complete the following card, as indicated:
JOB ORDER COST CARD
Ivey Computer Services
Customer:
GM Richardson, CPA
Job Order No:
Contract Type
CostPlus
Type of Service
Software Installation and Internet Interfacing
Date of Completion
July
Costs Charged to Job
Total Cost
Software Installations Services
Installation labor
$
Service overhead b of installation labor costs
a
Total
$
Internet Services
Internet labor
$
Service overhead of Internet labor costs
Total
$ c
Cost Summary to Date
Total Cost
Software Installation Services
$d
Internet Services
e
Total
$f
Profit
g
Contract revenue
$ h
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