ob 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 600 hours of professional (lawyer) time to the Obsidian Co. breech of contract suit to prepare for the trial, at a rate of $200 per hour.
10.	Reimbursed travel costs to employees for depositions related to the Obsidian case, $14,600.
14.	Charged 300 hours of professional time for the Obsidian trial at a rate of $280 per hour.
18.	Received invoice from consultants Wadsley and Harden for $46,300 for expert testimony related to the Obsidian trial.
27.	Applied office overhead at a rate of $60 per professional hour charged to the Obsidian case.
31.	Paid administrative and support salaries of $38,300 for the month.
31.	Used office supplies for the month, $13,000.
31.	Paid professional salaries of $166,600 for the month.
31.	Billed Obsidian $363,600 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		fill in the blank 8d560ff98f86051_2	fill in the blank 8d560ff98f86051_3
		fill in the blank 8d560ff98f86051_5	fill in the blank 8d560ff98f86051_6
July 10		fill in the blank 8d560ff98f86051_8	fill in the blank 8d560ff98f86051_9
		fill in the blank 8d560ff98f86051_11	fill in the blank 8d560ff98f86051_12
July 14		fill in the blank 8d560ff98f86051_14	fill in the blank 8d560ff98f86051_15
		fill in the blank 8d560ff98f86051_17	fill in the blank 8d560ff98f86051_18
July 18		fill in the blank 8d560ff98f86051_20	fill in the blank 8d560ff98f86051_21
		fill in the blank 8d560ff98f86051_23	fill in the blank 8d560ff98f86051_24
July 27		fill in the blank 8d560ff98f86051_26	fill in the blank 8d560ff98f86051_27
		fill in the blank 8d560ff98f86051_29	fill in the blank 8d560ff98f86051_30
July 31 Admin. sal.		fill in the blank 8d560ff98f86051_32	fill in the blank 8d560ff98f86051_33
		fill in the blank 8d560ff98f86051_35	fill in the blank 8d560ff98f86051_36
July 31 Supplies		fill in the blank 8d560ff98f86051_38	fill in the blank 8d560ff98f86051_39
		fill in the blank 8d560ff98f86051_41	fill in the blank 8d560ff98f86051_42
July 31 Prof. sal.		fill in the blank 8d560ff98f86051_44	fill in the blank 8d560ff98f86051_45
		fill in the blank 8d560ff98f86051_47	fill in the blank 8d560ff98f86051_48
July 31 Billed		fill in the blank 8d560ff98f86051_50	fill in the blank 8d560ff98f86051_51
		fill in the blank 8d560ff98f86051_53	fill in the blank 8d560ff98f86051_54
July 31 Cost		fill in the blank 8d560ff98f86051_56	fill in the blank 8d560ff98f86051_57
		fill in the blank 8d560ff98f86051_59	fill in the blank 8d560ff98f86051_60

b. How much office overhead is over- or underapplied? Enter your answer as a positive number. $fill in the blank 0be1d8f43f9400f_1

c. Determine the gross profit on the Obsidian case, assuming that over-or underapplied office overhead is closed monthly to cost of services. $fill in the blank 0be1d8f43f9400f_3