Allocation Busters (AB) is a dispute mediation firm offering services to firms in disputes about cost allocations with government agencies. For March AB worked 440 hours for Massive Airframes and 676 hours for Gigantic Drydocks. AB bills clients at the rate of $504 per hour, labor cost for its professional staff is $210 per hour. Overhead costs in March totaled $40,150. Overhead is applied to clients at $45 per labor-hour. In addition, AB had $199,600 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 (0) Record Cost of services billed (d) Record Actual Service Overhead Required: a. Show labor and overhead cost flows through T-accounts. b. Prepare an income statement for the company for March Complete this question by entering your answers in the tabs below. Required A Required Show labor and overhead cost flows through T-accounts. Wages Payable Work-In-Process Bog bal Beg bal End bal End bal