In October, Kobayashi engineering company received two jobs, Job #1 and Job #2. Job #1 requires 1,100 hours of labor hours and Job #2 requires 650 hours. The company bills to its clines at the rate of $400 per hour. Labor costs for Kobayashi is $220 per hours. Total overhead cost for the company is $80,000. Overhead cost is allocated $30 per labor hour. Kobayashi spend $180,000 for advertising and marketing expenses in October. All transactions are on account, all services were billed and paid by cash.

What are Cost flow in T Accounts?

Income statement for October?