G. M. Richardson, CPA, entered into a cost-plus contract with Ivey Computer Services for software installation and Internet interfacing in her accounting practice. The following is Ivey Computer Services' job cost card for this job. Ivey's profit factor is 30 percent of total costs. Complete the following card, as indicated:

   

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JOB ORDER COST CARD Ivey Computer Services Customer: Job Order No.: Contract Type Type of Service Date of Completion G.M. Richardson, CPA Cost-Plus Software Installation and Internet Interfacing July 13, 2010 Costs Charged to Job Software Installations Services Installation labor Service overhead (b% of installation labor costs) Total Total Cost $400 a) $650 Internet Services Internet labor Service overhead (20% of Internet labor costs) Total $200 40 $ (c) Cost Summary to Date Software Installation Services Internet Services Total Profit (30%) Total Cost $(d) (e) $(f) (g). Contract revenue $(h) JOB ORDER COST CARD Ivey Computer Services Customer: Job Order No.: Contract Type Type of Service Date of Completion G.M. Richardson, CPA Cost-Plus Software Installation and Internet Interfacing July 13, 2010 Costs Charged to Job Software Installations Services Installation labor Service overhead (b% of installation labor costs) Total Total Cost $400 a) $650 Internet Services Internet labor Service overhead (20% of Internet labor costs) Total $200 40 $ (c) Cost Summary to Date Software Installation Services Internet Services Total Profit (30%) Total Cost $(d) (e) $(f) (g). Contract revenue $(h)

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