For the month of July, UP Payroll Services worked 2,200 hours for Dune Motors, 660 hours for Jake's Charters, and 1,100 hours for Mission Hospital. UP bills clients at $122 an hour; its labor costs are $49 an hour. A total of 4,400 hours were worked in July with 440 hours not billable to clients. Overhead costs of $36,000 were incurred and were assigned to clients on the basis of direct labor-hours. Because 440 hours were not billable, some overhead was not assigned to jobs. UP had $31,000 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. Required A Required B What are the revenue and the cost per client? (Do not round intermediate calculations.) Dune Motors Jake's Charters Mission Hospital Revenue $ 268,400 $ 80,520 $ Labor $ 107,800 $ 32,340 $ 134,200 53,900 9,000 71,300 Overhead $ 18.000 $ 5,400 $ 42,780 $ Margin $ 142,600 $ UP PAYROLL SERVICES Income Statement For the Month Ending July 31 Revenue from clients Less cost of services to clients: Labor Overhead $ 483,120 > 0 Total cost of services to clients Gross margin Less other costs: $ 483,120 Total other costs 0 $ $ 483, 120