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 650 hours of professional (lawyer) time at a rate of $190 per hour to the Obsidian Co. breech of contract suit to prepare for the trial 10. Reimbursed travel costs to employees for depositions related to the Obsidian case, $18,700 14. Charged 130 hours of professional time for the Obsidian trial at a rate of $280 per hour 18. Received invoice from consultants Wadsley and Harden for $65,200 for expert testimony related to the Obsidian trial 27. Applied office overhead at a rate of $45 per professional hour charged to the Obsidian case 31. Paid administrative and support salaries of $24,900 for the month 31. Used office supplies for the month, $8,400 31. Paid professional salaries of $180,900 for the month 31. Billed Obsidian $318,700 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. July 3 July 10 July 14 July 18 July 27 July 31 Admin. sal. July 31 Supplies July 31 Prof. sal. July 31 Billed July 31 Cost 00 00 00 b. How much office overhead is over- or underapplied? Enter your answer as a positive number. c. Determine the gross profit on the Obsidian case, assuming that over- or underapplied office overhead is closed monthly to cost of services