Job Order Cost Accounting for a Service Company The Fly Company provides advertising services for clients across the nation. The Fly Company is presently working on four projects, each for a different event. The Fly Company accumulates costs for each account (client) on the basis of both direct costs and allocated indirect costs. The direct costs include the charged time of professional personnel and media purchases (air time and ad space) Overhead is allocated to each project as a percentage of media purchases. The predetermined overhead rate is 40% of media purchases. On August 1, the four advertising projects had the following accumulated costs: August 1 Balances Vault Bank $88,500 1 Take Off Airlines 26,600 Sleepy Tired Hotels 61,900 38,100 Tastee Beverages Total $215, 100 During August, The Fly Company incurred the following direct tabor and media purchase costs related to preparing advertising for each of the four accounts: Direct Labor Media Purchases Vauit Bank $59,200 5235,800 Take Off Airlines 26,400 207.400 Sleepy Tired Hotels 116,400 151,500 Tastee Beverages 132,500 113,300 Total $334,500 $700,000 At the end of August, both the Vault tank and take off Airlines camions were completed. The cost of completed campaign are debited to the cost of services Bccount a. Journalize the summary entry to record the direct labor costs for the month. If an amount box does not require an entry, leave it blank. b. Journalize the summary entry to record the media purchases for the month. If an amount box does not require an entry, leave it blank. C. Journalize the summary entry to record the overhead applied for the month. If an amount box does not require an entry, leave it blank c d. Journalize the summary entry to record the completion of Vault Bank and Take Off Airlines for the month. If an amount box does not require an entry, leave it blank d