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Cost of Services Sold Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-deaning service. Each deaning (cleaning one house one time) takes a team of three house deaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are assodated with the total deanings: Direct materials Direct labor Variable overhead Fixed overhead $472,500 16,000 19,000 Next year, HHH expects to purchase $26,600 of direct materials. Projected beginning and ending inventories for direct materials are as follows: Direct Materials Inventory Beginning Ending There is no work-in-process inventory and no finished goods inventory; in other words, a cleaning is started and completed on the same day Required $4,000 2,600 1. Prepare a statement of cost of services sold in good form. If an amount is zero, enter "0 Happy Home Helpers, Inc Statement of Cost of Services Sold For the Coming Year 1:08 PM 9m/15/2019 Direct Materials Inventory $4,000 2,600 Ending There is no work-in-process inventory and no finished goods inventory-in other words, a cleaning is started and completed on the same day. Required 1. Prepare a statement of cost of services sold in good form. If an amount is zero, enter "0" Happy Home Helpers, Inc Statement of Cost of Services Sold For the Coming Year 2. How does this cost of services sold statement differ from the cost of goods sold statement for a manufacturing firm

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