For the month of July, UP Payroll Services worked 1,550 hours for Dune Motors, 465 hours for Jakes Charters, and 775 hours for Mission Hospital. UP bills clients at $117 an hour; its labor costs are $42 an hour. A total of 3,100 hours were worked in July with 310 hours not billable to clients. Overhead costs of $31,500 were incurred and were assigned to clients on the basis of direct labor-hours. Because 310 hours were not billable, some overhead was not assigned to jobs. UP had $30,100 in marketing and administrative costs. All transactions were on account.

Required:

a. What are the revenue and cost per client?

b. Prepare an income statement for July.