Suraya Collier, the bookkeeper for Danner, Letourneau, and Majewski, a political consulting firm, has recently completed a managerial accounting course at her local community college. One of the topics covered in the course was the cost of goods manufactured schedule. Suraya 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: Supplies used on consulting contracts $2,650 Supplies used in the administrative offices 2,400 Depreciation on equipment used for contract work 1,030 Depreciation used on administrative office equipment 1,300 Salaries of professionals working on contracts 15.800 Salaries of administrative office personnel 7,800 Janitorial services for professional offices 560 Janitorial services for administrative offices 680 Insurance on contract operations 860 Insurance on administrative operations 960 Utilities for contract operations 1,920 Utilities for administrative offices 1,420 34 EN 4 Prepare a cost of contract services provided schedule (similar to a cost of goods manufactured schedule) for the month. Supplies Used (Direct Materials) DANNER, LETOURNEAU, AND MAJEWSKI Schedule of Cost of Contract Services Provided Salaries of Professionals (Direct Labour) For the Month Ended August 31, 2020 2650 15800 Service Overhead Utilities for Contract Operations Contract Equipment Depreciation Insurance on Contract Operations 1920 1300 860 Janitorial Services for Professional Offices 680 Total Overhead Cost of Contract Services Provided $ 4760 23210 Suraya Collier, the bookkeeper for Danner, Letourneau, and Majewski, a political consulting firm, has recently completed a managerial accounting course at her local community college. One of the topics covered in the course was the cost of goods manufactured schedule. Suraya 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: Supplies used on consulting contracts A$2,650 Supplies used in the administrative offices 2,400 Depreciation on equipment used for contract work 1,030 Depreciation used on administrative office equipment 1,300 Salaries of professionals working on contracts Salaries of administrative office personnel 15,800 7,800 Janitorial services for professional offices 560 Janitorial services for administrative offices 680 Insurance on contract operations 860 Insurance on administrative operations 960 Utilities for contract operations 1,920 Utilities for administrative offices 1,420