Question: A job order cost card for Cloud Storage Services follows. Complete the missing information. The profit factor in the organizations cost-plus contract is 60 percent
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JOB ORDER COST CARD Cloud Storage Services Jayson Holida Customer: Job Order No.: Contract Type: Type of Service: Date of Completion: November 6, 2014 Costs Charged to Job Software installation services: Cost-Plus Annual Internet Storage Total Cost Installation labor Service overhead (?% of installation labor costs) Total 530 $60 Internet services: Internet storage Service overhead (200% of Internet storage costs) Total 20 $7 Total Cost $ 7 Cost Summary to Date Software installation services Internet services Total Profit margin (60% of total cost) Contract revenue
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