Ch 7 accounting #4

For August, Royal Consulting and Mediation Practice (RCMP) worked 750 hours for Alberta Company and cost for ts consulting staff s $380 per hour. The total number of hours worked in August was 2,600, and overhead costs were $58,000. Overhead is applied to clients at $28 per labor hour 1,850 hours for Ontano Corporation. RCMP bills clients at the rate of $580 per hour, labor RCMP had $330,000 in marketing and administrative costs.All transactions are on account. All services were billed Record Labor cost Record Appled Service Overhead Record Cost of services billed Record Actual Service Overhead Required a. Show labor and overhead cost flows through T-accounts 3 Answer is not complete Beg ba Beg bal 520,000520.000 (a) 520000 520000) 72,800 72,800 End bal End ba Bag ba 592.800 0 Beg bal 592 000 14800 Closing ,000Closing End bal 4 800 End bal 58.000 Beg bal Closing bal O 72 BO) 01 728000 (b)