Diaz and Associates incurred the following costs in completing a tax return for a large company. Diaz applies overhead at 50% of direct labor cost. Hourly Rate Labor Partner Senior manager Staff accountants Hours Used 8 19 130 $ 540 190 70 2. Prepare the journal entry to record the cost of services provided. Assume the beginning Services in Process Inventory account Thas a zero balance View transaction list Journal entry worksheet