The following are the job cost related accounts for the law firm of Wildhorse Associates and their manufacturing equivalents:

Law Firm Accounts

Supplies

Salaries and Wages Payable

Operating Overhead

Service Contracts in Process

Manufacturing Firm Accounts

Cost of Completed Service Contracts

Raw Materials

Factory Wages Payable

Manufacturing Overhead

Work in Process

Cost of Goods Sold

Cost data for the month of March follow.

1. Purchased supplies on account $2,280.
2. Issued supplies $1,590 (60% direct and 40% indirect).
3. Assigned labor costs based on time cards for the month which indicated labor costs of $85.400 (80% direct and 20% indirect).
4. Operating overhead costs incurred for cash totaled $48,800.
5. Operating overhead is applied at a rate of 90% of direct labor cost.
6. Work completed totaled $91,500.

(a)

the transactions for March.

No. Account ritles and Explanation Debit Credit 1. 2. 3. 4. 5. 6