Exercise 15-12 Don Lieberman and Asscciates, 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 conducted during November Lynn Brian Mike iredt materials Auditor labor costs Auditor hours $700 $480 $290 6,100 $7,400 $3,775 50 78 91 Overhead costs are applied to jobs on the basis of auditor hours, and the predetermined overhead ate s54 per auditor hour. The Lynnjoo is the only incomplete job at the end of November. Actual overhead for the month was $13,500 (a) Determine the cost of each job. Cost Lynn s rian Mike e Service (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 overhead account for November. Balance in operating overhead account s Click if you would like to Show Work for this