Job Order Cost The Fly Company provides advertising services for clients across the nation. The Fl eccumulates costs for each account (clent) on the basis of both direct costs and allocated indirect costs. The direct costs include the charged time of professional personnel and media T y Company is presently working on four projects,each for a different client. The Fly Company purchases time and ad space). Overhead is allocated to each project as a percentage of media purchases. The predetermined overhead rate-40% of media purchases. On August 1, the four advertising projects had the following accumulated costs August 1 Balances Take Off Airines Sleepy Tired Hotels Tastee Beverages 86,400 25,900 60,500 37,200 210,000 2 Ouring August, The Fly Company incurred the following direct labor and media purchase costs related to preparing advertising for each of the four accounts Take Off Airlines Sleepy Tired Hotels Tastee Beverages $61,500 27,400 120,900 137,500 $347,300 $219,400 193,100 141,000 105,500 $659,000 At the end of August, both the Vault Bank and Take Off Airlines campaigns were completed. The costs of completed campaigns are debited to the cost of services account Journalize the summary entry to record the direct labor costs for the month a. Check My Work 27,400 93,100 Sleepy Tired Hotels Tastee Beverages 347,300