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Job Order Costing for a Service Company The law firm of Prawitt and Bradford accumulates costs associated with individual cases, using job order costing.
Job Order Costing for a Service Company The law firm of Prawitt and Bradford accumulates costs associated with individual cases, using job order costing. The following transactions occurred during August: August 3. Charged 530 hours of professional (lawyer) time to the Shadow Creek Co. breech of contract suit to prepare for the trial, at hour. 10. Reimbursed travel costs to employees for depositions related to the Shadow Creek case, $15,700. 14. Charged 270 hours of professional time for the Shadow Creek trial at a rate of $300 per hour, 18. Received invoice from consultants Westerly and Henninger for $49,700 for expert testimony related to the Shadow Creek tria 27. Applied office overhead at a rate of $75 per professional hour charged to the Shadow Creek case. 31. Paid administrative and support salaries of $42,600 for the month. 31. Used office supplies for the month, $14,400. 31. Paid professional salaries of $173,500 for the month. I 31. Billed Shadow Creek $361,900 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. Date August 3 August 10 Account Debit Credit
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