Exercise 15-11a-b(Part Level Submission) The following are the job cost related accounts for the law firm of Vaughn Associates and the manufacturing equivalents: Law Firm Accounts Manufacturing Firm Accounts Supplies Raw Materials Salaries and Wages Payable Factory Wages Payable Operating Overhead Manufacturing Overhead Service Contracts in Process Work in Process Cost of Completed Service Contracts Cost of Goods Sold Cost data for the month of March follow 1. Purchased supplies on account $3.900. 2 issued supples $2,900 (60% direct and 40 indirect) 3. Assigned tabor costs based on time cards for the month which indicated labor costs of $76,600 (80% direct and 20% indirect) 4. Operating overhead costs incurred for cash towed 549.000 5. Operating overhead is oplied at a rate of of direct labor cost. 6. Work completed totaled $81.300 (b) X Your answer is incorrect. Try again. Determine the balance of the Service Contracts in Process account. x.................. Balance of Service Contracts in Process account Click if you would like to Show Work for this question: Open blank Show Work Copy Show Work from Previous attempt