Question

all is correct except for the red squares

Kesha 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 to 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 $2,770 Supplies used in the administrative offices 2.550 Depreciation on equipment used for contract work 990 Depreciation used on administrative office equipment 1,660 Salaries of professionals working on contracts 16,600 Salaries of administrative office personnel 8,240 Janitorial services for professional offices 750 Janitorial services for administrative offices 540 Insurance on contract operations 340 Insurance on administrative operations 950 Utilities for contract operations 2.030 Une for administrative offices Prepare a schedule of cost of contract services performed (similar to a cost of goods manufactured schedule) for the month.

Answer 1

Answer:

WASHINGTON CONSULTING
Schedule of Cost of contract services performed
For the Month Ended August 31,2020
Supplies Used on Consulting Contracts		$2,770
Salaries of Professionals Working on Contracts		$16,600
Service Overhead
Depreciation on Equipment used for Contract Work	$990
Janitorial Service for Professionals Offices	$750
Insurance on Contract Operations	$840
Utilities for Contract operations	$2,030
Total Overhead		$4,610
cost of Contract services performed		$23,980