In October, Temptations Event Planners (TEP) planned events for two clients. TEP worked 168 hours for Ward Corporation and 268 hours for Girardin Industries. TEP bills clients at the rate of $490 per hour; labor cost for its planning staff is $280 per hour. The total number of hours worked in October was 436 , and overhead costs were $17,000. Overhead is applied to clients at $32 per planner-hour. In addition. TEP had $34,000 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. Prepare an income statement for the company for October. Complete this question by entering your answers in the tabs below. Prepare an income statement for the company for October. Show labor and overhead cost flows through T-accounts. Help Save \& Exit Submit