Job Order Cost Accounting for a Service Company The law firm of Furlan and Benson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during July July 3. Charged 410 hours of professional (lawyer) time to the Obsidian Co. breech of contract suit to prepare for the trial, at a rate of $230 per hour 10. Reimbursed travel costs to employees for depositions related to the Obsidian case, $15,000. 14. Charged 200 hours of professional time for the Obsidian trial at a rate of $260 per hour 18. Received invoice from consultants Wadsley and Harden for $49,500 for expert testimony related to the Obsidian trial 27. Applied office overhead at a rate of $50 per professional hour charged to the Obsidian case. 31. Paid administrative and support salaries of $21,700 for the month 31. Used office supplies for the month, $7,300. 31. Paid professional salaries of $157,400 for the month. 31. Billed Obsidian $275,800 for successful defense of the case. a. Provide the journal entries for each of these transactions. If an amount box does not require an entry, leave it blank b. How much office overhead is over- or underapplied? Enter your answer as a positive number. Overapplied c. Determine the gross profit on the Obsidian case, assuming that over- or underapplied office overhead is closed monthly to cost of services