The following are the job cost related accounts for the law firm of Crane Associates and their manufacturing equivalents: Cost data for the month of March follow. 1. Purchased supplies on account $2,360. 2. Issued supplies $1,650(60% direct and 40% indirect). 3. Assigned labor costs based on time cards for the month which indicated labor costs of $88,200 ( 80% direct and 20% indirect). 4. Operating overhead costs incurred for cash totaled $50,400. 5. Operating overhead is applied at a rate of 90% of direct labor cost. 6. Work completed totaled $94,500 Determine the balance of the Service Contracts in Process account. Balance of Service Contracts in Process account eTextbook and Media List of Accounts Attempts: 0 of 3 used