Don Lieberman and Associates, a CPA firm, uses job order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November. Listed below are data concerning the three audit jobs worked on during November.. Direct materials Auditor labor costs Auditor hours Sandhill (a) Determine the cost of each job. Wildhorse Blossom $ Sandhill Inc. $ $710 $5,800 $ Overhead costs are applied to jobs on the basis of auditor hours, and the predetermined overhead rate is $55 per auditor hour. The Sandhill Inc. job is the only incomplete job at the end of November. Actual overhead for the month was $14,000. 78 Cost Wildhorse Inc. $430 $7,400 Balance in service contracts in process account 91 Blossom Inc. Balance in operating overhead account $ $250 $3,575 51 (b) Indicate the balance of the Service Contracts in Process account at the end of November. (c) Calculate the ending balance of the Operating Overhead account for November.

Don Lieberman and Associates, a CPA firm, uses job order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November. Listed below are data concerning the three audit jobs worked on during November. Overhead costs are applied to jobs on the basis of auditor hours, and the predetermined overhead rate is $55 per auditor hour. The Sandhial Inc. job is the only incomplete job at the end of November. Actual averhead for the month was $14,000. (a) Determine the cost of each job. (b) Indicate the balance of the Service Contracts in Process account at the end of November. Balance in service contracts in process account (c) Calculate the ending balance of the Operating Overbead account for November. Balance in operating overhead account