Keisha Tombert, the bookkeeper for Washington Consulting, a political consulting

fi rm, has recently completed a managerial accounting course at her local college. One of

the topics covered in the course was the cost of goods manufactured schedule. Keisha

wondered if such a schedule could be prepared for her fi rm. She realized that, as a

service-oriented company, it would have no work in process inventory to consider.

Listed below are the costs her fi rm incurred for the month ended August 31, 2017.

Supplies used on consulting contracts $ 1,700

Supplies used in the administrative offi ces 1,500

Depreciation on equipment used for contract work 900

Depreciation used on administrative offi ce equipment 1,050

Salaries of professionals working on contracts 15,600

Salaries of administrative offi ce personnel 7,700

Janitorial services for professional offi ces 700

Janitorial services for administrative offi ces 500

Insurance on contract operations 800

Insurance on administrative operations 900

Utilities for contract operations 1,400

Utilities for administrative offi ces 1,300

Instructions (a) Prepare a schedule of cost of contract services performed (similar to a cost of goods manufactured schedule) for the month. (b) For those costs not included in (a), explain how they would be classifi ed and reported in the fi nancial statements.