obook Job order cost accounting for a service company The fly Company provides advertising services for clients across the nation. They Company is presently working on four projects, each for a different client. 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 voter 45% of media purchase On August 1, the four advertising projects had the following accumulated costs: August 1 Balances Vault Bank $78,500 Take Off Airlines 23,600 Sleepy Tired Hotels 55,000 Tastee Beverages 33,800 Total $190,900 During August, The Fly Company incurred the following direct labor and media purchase costs related to preparing advertising for each of the four accounts: Direct Labor Media Purchases Vault Bank 556,100 $203,100 Take Off Airlines 25,100 178,700 Sleepy Tired Hotels 110.400 130,500 Tastee Beverages 125,500 97,700 Total $317.100 $610,000 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. Journalize the summary entry to record the direct labor costs for the month eBook Tastee Beverages 125 500 97,700 Total $317,100 5610,000 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. 4. Journalize the summary entry to record the direct labor costs for the month a. b. Journalize the summary entry to record the media purchases for the month bi c. Journalize the summary entry to record the overhead applied for the month c. d. Journalize the summary entry to record the completion of Vault Bank and Take Off Airlines for the month d Check My Work 3 more Check My Work uses remaining