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Chapters 5, 6, and 7 Allocation Busters (AB) is a dispute mediation firm offering services to finis in disputes about cont allocations with government agencies For March, AB worked 455 hours for Massive Airframes and 671 hours for Gigantic Drydocks AB bills clients at the rate of $507 per hour, labor cost for its professional staff is $200 per hour Overhead costs in March totaled $41510 Overhead is applied to clients at $41 per labor hour. In addition AB had $199.800 in marketing and administrative costs. All transactions are on account. All services were billed Transaction Description (a) Record Labor cost (b) Record Applied Service Overhead (c) Record Cost of services billed (d) Record Actual Service Overhead Required: a. Show labor and overhead cost flows through T-account b. Prepare an income statement for the company for March CG Complete this question by entering your answers in the tabs below. Required A Required Show labor and overhead cost flows through Taccounts West WPC rences Required a. Show labor and overhead con flows through account la. Prepare an income statement for the company for March Complete this question by entering verur answers in the tabs below. Reed RD Show labor and overhead cost to accounts Wages Porte WW Process Bag End End SHOC De Endal be End Fol March. As worked 455 hours for Massive Attamen 671 hours to wydock bills clients the rate of $50 hour lobor cost for a professional staff is $200 per hour overheid cost thered $4150 vibe in pied to let 541 per labor hour. In addition AB had $199.00 in meting and administrative coul. A tronctions account. All rices were bed och Traction Decot for Record Laborc (b) Record pelled Service Overall Recent of vielle Recorul terve ove Required a. Show labor and overhead cost flows through account ta. Prepare an income stemer for the company for Murch Per Complete this question by entering your answers in the tabs below Prepare an income statement for the company for March ALLOCATION ISTUS Southwch 31

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