HELP ME PLS

a.

Allocation Busters (AB) is a dispute mediation firm offering services to firms in disputes about cost allocations with government agencies For March, AB worked 442 hours for Massive Airframes and 663 hours for Gigantic Drydocks. AB bills clients at the rate of $504 per hour, labor cost for its professional staff is $220 per hour Overhead costs in March totaled $40,270 Overhead is applied to clients at $45 per labor-hour. In addition, AB had $199.900 in marketing and administrative costs. All transactions are on account All services were billed Transaction Description (a) Record Labor cost (b) Record Applied Service Overhead (c) Record cost of services billed (d) Record Actual Service Overhead Required: a. Show labor and overhead cost flows through T-accounts b. Prepare an income statement for the company for March Check W piya Wonin Beg bal Beg bal End, bal 0 End, bal 0 GOSTO Sorvicos Billed Service Overhead Control Beg bal Beg bal End bal End, bal Applied Service Beg bal End, bal 0 Required A Required B Prepare an income statement for the company for March. ALLOCATION BUSTERS Income Statement For the Month Ended March 31