7062-40c-899-259407180866/question cer 15 Homework Question 4 of 5 SHOWROTY Current Attempt in Progress The following are the job cost related accounts for the law firm of Colaw Associates and their manufacturing equivalent Law Firm Accounts Supplies Salaries and Wages Payable Operating Overhead Service Contracts in Process Cost of Completed Service Contracts Manufacturing Firm Accounts Raw Materials Factory Wages Payable Manufacturing Overhead Work in Process Cost of Goods Sold Cost data for the month of March follow 1 2. 3. Purchased supplies on account $3.000 Issued supplies $2,000 (60% direct and 40% indirect). Assigned labor costs based on time cards for the month which indicated labor costs of $77.600(80% direct and 20% indirect) Operating overhead costs incurred for cash totaled $46,700. Operating overhead is applied at a rate of 90% of direct labor cost. Work completed totaled $83,600. 4 5. 6. (a) c G Search or type URL $ & 2 3 4 5 6 7 8 0 W E R T Y S D F G H Question 4 of 5 - /20 Journage the transactions Tor Marc Caccounts are outomatically one when amount is entire bonor noen manually) No. Account Titles and Explanation 1. I Debit Credit 2 3. 4 5. 6. esc G Search or type URL * % ( $ 4 1 2 3 U 6 7 8 9 0 Q W E R T Y 0 S D F. G H J Z C V B N M