Jobs Order Cost Accounting for a Service Company The Fly Company provides advertising Services for clients across the nation. The Fly Company is presently working on four projects, each for a different dient. The Fly Company accumulates costs for each account (client) on the basis of both direct costs and allocated indirect costs. The direct costs include the charged time of professional personnel and media purchases (air time and ad space). Overhead is allocated to each project as a percentage of media purchases. The predetermined overhead rate is 55% of media purchases. On August 1, the four advertising projects had the following accumulated costs: August 1 Balances Vault Bank $57.900 Take Off Airlines 17,400 Sleepy Tired Hotels 40,500 Tastee Beverages 24,900 Total $140,700 During August, The Fly Company incurred the following direct labor and media purchase casts related to preparing advertising for each of the four accounts: Direct Labor Media Purchases Vault Bank S41,800 $149,500 Take off Airlines 13.700 131,600 Sleepy Tired Hotels 82,200 96,100 Tastee Beverages 93,500 71.000 Total $236,200 $449,000 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. a. Joumalize the summary entry to record the direct labor costs for the month. If an amount box does not require an entry, leave it blank. a b. Joumalize the summary entry to record the media purchases for the month. If an amount bax does not require an entry, leave it blank. . C. Journalize the summary entry to record the overhead applied for the month. If an amount box does not require an entry, leave it blank. c. Journalize the summary entry to record the overhead applied for the month. If an amount box does not require an entry, leave it blank. C. d. Journalize the summary entry to record the completion of Vault Bank and Take Off Airlines for the month. If an amount box does not require an entry, leave it blank. d