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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
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 topics covered in the course was the cost of goods manufactured schedule. Keisha wondered if such a schedule could be prepared for her firm. She realized that, as a service-oriented company, it would have no work in process inventory to consider. Listed below are the costs her firm incurred for the month ended August 31, 2020. $2,490 2,470 910 Supplies used on consulting contracts Supplies used in the administrative offices Depreciation on equipment used for contract work Depreciation used on administrative office equipment Salaries of professionals working on contracts Salaries of administrative office personnel Janitorial services for professional offices Janitorial services for administrative offices Insurance on contract operations Insurance on administrative operations Utilities for contract operations Utilities for administrative offices 1,640 16,100 8,520 780 560 860 940 1,570 2,150 (a) Prepare a schedule of cost of contract services performed (similar to a cost of goods manufactured schedule) for the month. WASHINGTON CONSULTING Schedule of Cost of Contract Services Performed $ Click if you would like to Show Work for this question: Open Show Work
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