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 520 hours of professional (lawyer) time at a rate of $210 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, $18,800 14. Charged 220 hours of professional time for the Obsidian trial at a rate of $270 per hour 18. Received invoice from consultants Wadsley and Harden for $65,900 for expert testimony related to the Obsidian trial 27. Applied office overhead at a rate of $55 per professional hour charged to the Obsidian case 31. Paid administrative and support salaries of $28,900 for the month 31. Used office supplies for the month, $9,800 31. Paid professional salaries of $159,300 for the month 31. Billed Obsidian $335,800 for successful defense of the case a. Provide the journal entries for each of these transactions. July 3 July 10 July 14 July 18 July 27 July 31 Admin. sal. July 31 Supplies III I IO I II III July 31 Prof. sal. July 31 Billed July 31 Cost 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. Chaal Alonte