7-56 (Algo) Job Costs: Service Company (LO 7-4) For the month of July, UP Payroll Services worked 2,300 hours for Dune Motors, 690 hours for Jake's Charters, and 1,150 hours for Mission Hospital. UP bills clients at $118 an hour; its labor costs are $44 an hour. A total of 4,600 hours were worked in July with 460 hours not billable to clients. Overhead costs of $44,000 were incurred and were assigned to clients on the basis of direct labor-hours. Because 460 hours were not billable, some overhead was not assigned to jobs. UP had $30,400 in marketing and administrative costs. All transactions were on account. Required: a. What are the revenue and cost per client? b. Prepare an income statement for July. Complete this question by entering your answers in the tabs below. Required A Required B What are the revenue and the cost per client? (Do not round intermediate calculations.) Dune Motors Jake's Charters Mission Hospital Revenue Labor Overhead Margin Required A Required B Prepare an income statement for July. (Do not round intermediate calculations.) UP PAYROLL SERVICES Income Statement For the Month Ending July 31 Less cost of services to clients: Total cost of services to clients Less other costs: Total other costs