some answers I am having trouble with if any of my answers are wrong could you help me correct them    INSTRUCTIONS:         The following are the actual numbers for January:       Materials         Purchased $5,000 of Materials         Consumed 40% of those purchased materials         Direct Labor         Direct Labor was $6,240         Overhead         Overhead was $2,800                           Bark & Bath Grooming  Statement of Cost of Services For the Month Ended January 31, xxxx                                 Beginning Work in Process Inventory   0     Direct Materials:         Materials - Beginning 0       Add: Purchases for month of January  $                    5,000                 Materials Available for Use                        5,000       Deduct: Ending Materials                  3,000                 Materials Used     $                    2,000               Direct Labor                          6,240     Overhead                          2,800               Total Service Costs    $                  11,040               Deduct:  Ending Work in Process Inventory                   Cost of Services    $                  11,040                         * Cost of Goods Sold = Cost of Services            There is no finished goods inventory to maintain.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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some answers I am having trouble with if any of my answers are wrong could you help me correct them 

  INSTRUCTIONS:      
  The following are the actual numbers for January:    
  Materials      
  Purchased $5,000 of Materials      
  Consumed 40% of those purchased materials      
  Direct Labor      
  Direct Labor was $6,240      
  Overhead      
  Overhead was $2,800      
         
         
Bark & Bath Grooming 
Statement of Cost of Services
For the Month Ended January 31, xxxx
         
         
         
  Beginning Work in Process Inventory   0  
  Direct Materials:      
  Materials - Beginning 0    
  Add: Purchases for month of January  $                    5,000    
         
  Materials Available for Use                        5,000    
  Deduct: Ending Materials                  3,000    
         
  Materials Used     $                    2,000  
         
  Direct Labor                          6,240  
  Overhead                          2,800  
         
  Total Service Costs    $                  11,040  
         
  Deduct:  Ending Work in Process Inventory      
         
  Cost of Services    $                  11,040  
         
         
  * Cost of Goods Sold = Cost of Services      
     There is no finished goods inventory to maintain.      
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