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 $690$ hours of professional $($lawyer$)$ time at a rate of $$240$ 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, $$26,500$

$14.$ Charged $180$ hours of professional time for the Obsidian trial at a rate of $$270$ per hour

$18.$ Received invoice from consultants Wadsley and Harden for $$52,600$ for expert testimony related to the Obsidian trial

$27.$ Applied office overhead at a rate of $$60$ per professional hour charged to the Obsidian case

$31.$ Paid administrative and support salaries of $$37,100$ for the month

$31.$ Used office supplies for the month, $$12,500$

$31.$ Paid professional salaries of $$183,100$ for the month

$31.$ Billed Obsidian $$394,300$ for successful defense of the case

Question Content Area

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

Question Content Area

b$.$ How much office overhead is over$-$ or underapplied? Enter your answer as a positive number.

$fill in the blank $382$b$55034018$fa$2\_1$

c$.$ Determine the gross profit on the Obsidian case, assuming that over$-$ or underapplied office overhead is closed monthly to cost of services.

$fill in the blank $382$b$55034018$fa$2\_3$