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 540 hours of professional (lawyer) time at a rate of $150 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, $24,500 14. Charged 150 hours of professional time for the Obsidian trial at a rate of $290 per hour 18. Received invoice from consultants Wadsley and Harden for $56,300 for expert testimony related to the Obsidian trial 27. Applied office overhead at a rate of $70 per professional hour charged to the Obsidian case 31. Paid administrative and support salaries of $34,300 for the month 31. Used office supplies for the month, $11,600 31. Paid professional salaries of $163,800 for the month 31. Billed Obsidian $288,900 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 Work in Process Salaries Payable July 10 Work in Process Cash July 14 Work in Process Salaries Payable July 18 Work in Process Consultant Fees Payable July 27 Work in Process Office Overhead July 31 Admin. sal. Office Overhead Cash II II II 0 II II July 31 Supplies Office Overhead Supplies July 31 Prof. sal. Salaries Payable Cash July 31 Billed Accounts Receivable Fees Earned July 31 Cost Cost of Services Work in Process Feedback Check My Work 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. $