In October, Temptations Event Planners (TEP) planned events for two clients. TEP worked 166 hours for Ward Corporation and 266 hours for Girardin Industries. TEP bills clients at the rate of $480 per hour; labor cost for its planning staff is $270 per hour. The total number of hours worked in October was 432 , and overhead costs were $16,900. Overhead is applied to clients at $32 per plannerhour. In addition, TEP had $33,500 in marketing and administrative costs. All transactions are on account. All services were billed. Required: a. Show labor and overhead cost flows through T-accounts. b. Prepare an income statement for the company for October. Complete this question by entering your answers in the tabs below