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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 cost-plus 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 30 percent of total costs. Complete the following card, as indicated:
JOB ORDER COST CARD
Ivey Computer Services
Customer:
G.M. Richardson, CPA
Job Order No.:
_____________________________________________
Contract Type
Cost-Plus
Type of Service
Software Installation and Internet Interfacing
Date of Completion
July 13,2010
Costs Charged to Job
Total Cost
Software Installations Services
Installation labor
$400
Service overhead (b% of installation labor costs)
(a)
Total
$650
Internet Services
Internet labor
$200
Service overhead (20% of Internet labor costs)
40
Total
$ (c)
Cost Summary to Date
Total Cost
Software Installation Services
$(d)
Internet Services
(e)
Total
$(f)
Profit (30%)
(g)
Contract revenue
$ ( h )

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