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

Law Firm Accounts

Manufacturing Firm Accounts

Supplies

Raw Materials

Salaries and Wages Payable

Factory Wages Payable

Operating Overhead

Manufacturing Overhead

Service Contracts in Process

Work in Process

Cost of Completed Service Contracts

Cost of Goods Sold

Cost data for the month of March follow.

Purchased supplies on account $2,280.

Issued supplies $1,590 (60% direct and 40% indirect).

Assigned labor costs based on time cards for the month which indicated labor costs of $85,400 (80% direct and 20% indirect).

Operating overhead costs incurred for cash totaled $48,800.

Operating overhead is applied at a rate of 90% of direct labor cost.

Work completed totaled $91,500.

Journalize the transactions for March (List all debit entries before credit entries Credit occount titles are outomotically indented when amount is entered. Do not Indent manually