Allocation Busters (AB) is a dispute mediation firm offering services to firms in disputes about cost allocations with government agencies. For March, AB worked 451 hours for Massive Aiframes and 670 hours for Gigantic Drydocks. AB bills clients at the rate of $510 per hour, labor cost for its professional staff is $200 per hour. Overhead costs in March totaled $40,800 Overhead is applied to clients at $44 per labor-hour. In addition, AB had $198,300 in marketing and administrative costs. All transactions are on account. All services were billed Transaction Description Record Labor cost Record Applied Service Overhead Record Cost of services billed Record Actual Service Overhead Required a. Show labor and overhead cost flows through T-accounts Wages Payable Work-In-Process Beg. bal Beg. bal End. bal End. bal Cost of Services Billed Service Overhead Control Beg. bal Beg. bal End. bal End. bal Applied Service O.H. Beg. bal End. bal