Answered step by step
Verified Expert Solution
Question
1 Approved Answer
see attachments Keisha Tombert, the bookkeeper for Washington Consulting, a political consulting firm, has recently completed a managerial accounting course at her local college. One
see attachments
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, 2017.
Keisha Tomoert, the bookkeeper for Washington Consultingf a political consulting 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 rm. She realized that, as a service-oriented company, it would have no work in process inventory to consider: Listed below are the DOSE her rm incurred For the month ended Augmt 31, 201'}. Supplies used on consulting contracls $1,700 Supplies used in the administrative offices 1,500 Depreciation on equipment used for contact work 900 Depreciation used on administrative ofce equipment 1,050 Salaries of pmfelonals working on contracts 15,60!) Salaries of administrative ofce personnel 7,700 Janitorial services for professional ofces 700 Janitorial services for administrative offices 50!) Insurance on contract operations 300 Insurance on administrative operations 900 Utilities for oonhact operations 1,400 Utiiities for administrative ofca 1,300 Prepare a schedule of cast of contract services per-Famed [similar to a cost of goods manufactured schedule] for the month. WASHINGTON CONSULTING Schedule of CD51: of Contract Services Performed For the Month Ended August 31, 2&1? : E a .azla ail: nun-"unuuuu..u.-.u.-.u.-"nun-nun"...-u..."nu-"unnuunStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started