Question 4 Don Lieberman and Associates, a CPA firm, uses job order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November Usted below are data concerning the three audit jobs conducted during November Direct materials Auditor labor costs Auditor hours Waters Inc. $710 $6.200 74 Renolds Inc. $500 $7,400 Bayfield Inc. 310 $4,075 47 Overhead costs are applied to jobs on the basis of auditar hours, and the predetermined overhead rate is $52 per audtor hour. The Waters job is the only incomplete job at the end of November. Actual overhead for the month was $13.400. (a) Datermine the cost of each job. Cost Waters Renolds Bayfield (b) Indicate the balance of the Service Contracts in Process account at the and of November Balance in service contracts in process account (c) Calculate the ending balance of the Operating Overheed account for November Balance in operating overhead account