INSTRUCTIONS:
	The following are the actual numbers for January:
	Materials
	Purchased $5,000 of Materials
	Consumed 40% of those purchased materials
	Direct Labor
	Direct Labor was $6,240
	Overhead
	Overhead was $2,800

Statement of Cost of Services
For the Month Ended January 31, xxxx
	Beginning Work in Process Inventory		0
	Direct Materials:
	Materials - Beginning	0
	Add: Purchases for month of January	$5,000
	Materials Available for Use	5,000
	Deduct: Ending Materials	3,000
	Materials Used		$2,000
	Direct Labor		6,240
	Overhead		2,800
	Total Service Costs		$9,040
	Deduct: Ending Work in Process Inventory
	Cost of Services
	* Cost of Goods Sold = Cost of Services
	There is no finished goods inventory to maintain.

I have filled in the answers as best I can so far, but I need help confirming the formula to use for the last one: "cost of services".

Please also check my math on the others.

Other possible information needed: Pricing and quantity of services provided by the company.

30 days in a month.

There should not be any beginning or ending work in process inventory.

If you chose... Grooming price $25 Grooming price $30 Grooming price $35 Daycare price $18 Daycare price $20 Daycare price $25 Kennel price $25 Kennel price $28 Kennel price $30 The actual # of grooms/daycare/kennel 4 grooms per day 3 grooms per day 2 grooms per day 22 dogs per day 12 dogs per day 9 dogs per day 12 dogs per day 9 dogs per day 6 dogs per day