For August, Royal Consulting and Mediation Practice (RCMP) worked 600 hours for Alberta Company and 1,500 hours for Ontario Corporation. RCMP bills clients at the rate of $500 per hour; labor cost for its consulting staff is $300 per hour. The total number of hours worked in August was 2,100, and overhead costs were $50,000. Overhead is applied to clients at $29 per labor-hour. In addition, RCMP had $290,000 in marketing and administrative costs. All transactions are on account. All services were billed. Transaction (a) (b) (c) (d) Description Record Labor cost Record Applied Service Overhead Record Cost of services billed Record Actual Service Overhead Required: a. Show labor and overhead cost flows through T-accounts Wages Payable Work-In-Process Beg. bal. Beg. bal. End. bal. 0 End. bal. 0 Cost of Services Billed Service Overhead Control Beg. bal. Beg. bal End. bal. 0 End. bal. 0 Applied Service O.H. Beg. bal. End. bal. 0