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Job Order Cost Accounting for a Service Company The law firm of Furlan and Benson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during July: July 3. Charged 590 hours of professional (lawyer) time to the Obsidian Co. breach of contract suit to prepare for the trial, at a rate of $230 per hour. 10. Reimbursed travel costs to employees for depositions related to the Obsidian case, $14,700. 14. Charged 290 hours of professional time for the Obsidian trial at a rate of $300 per hour. 18. Received Invoice from consultants Wadsley and Harden for $52,000 for expert testimony related to the Obsidian trial. 27. Applled office overhead at a rate of $40 per professional hour charged to the Obsidian case. 31. Paid administrative and support salaries of $25,000 for the month. 31. Used office supplies for the month, $8,400. 31. Pald professional salaries of $169,400 for the month. 31. Billed Obsidian $371,200 for successful defense of the case. a. Provide the journal entries for each of these transactions. If an amount box does not require an entry, leave it blank. July 3 Work in Process Salaries Payable 135,700 135.700 July 10 14.700 Work in Process Cash 14,700 July 14 37.000 Work in Process Salaries Payable 27.000 Casin 14.700 July 14 Work in Process Salaries Payable 87,000 87,000 July 18 52,000 Work in Process Consultant Fees Payable 52,000 July 27 Work in Process BESTELLEN Office Overhead 25,000 July 31 Admin. sal. Office Overhead Cash 25,000 July 31 Supplies Office Overhead Supplies 8,400 8,400 Accounting numeric field July 31 Prof. sal. Salaries Payable Cash 169,400 July 31 Billed Accounts Receivable Fees Earned 371,200 371,200 July 31 Cost Cost of Services eBook July 27 WOTKIN Process Office Overhead 25,000 July 31 Admin. sal. Office Overhead Cash 25,000 July 31 Supplies 8,400 Office Overhead Supplies 8,400 July 31 Prof. sal. Salaries Payable 169,400 Cash 169.400 July 31 Billed 371,200 Accounts Receivable Fees Earned 371,200 July 31 Cost Cost of Services Work in Process b. How much office overhead is over- or underapplied? Enter your answer as a positive number. $ c. Determine the gross profit on the Obsidian case, assuming that over- or underapplied office overhead is closed monthly to cost of servis

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