Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service....
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Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.8 hours. On average, HHH completes about 18,000 cleanings per year. The following total costs are associated with the total cleaningst Next year, HHH expects to purchase $52,400 of direct materials. Projected beginning and ending inventories for direct materials are as follows: There is no work-in-process inventory; in other words, a cleaning is started and completed on the same day. Requiredt 1. Prepare a statement of services produced in good form. If an amount is zero, enter " 0 ". 2. What if HHH planned to purchase $56,500 of direct materials? Assume there would be no change in beginning and ending inventories of materials. What effect would this have on cost of services produced? Cost of services produced would by 1
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