PLEASE HELP!!!! WITH EXPLANATIONS :)

Exercise 7-44 (Algo) Job Costing in a Service Organization (LO 7-4) In October, Temptations Event Planners (TEP) planned events for two clients. TEP worked 146 hours for Ward Corporation and 246 hours for Girardin Industries. TEP bills clients at the rate of $380 per hour. labor cost for its planning staff is $170 per hour. The tota number of hours worked in October was 392, and overhead costs were $15,900, Overhead is applied to clionts at $32 per plannerhour. In addition, TEP had $28,500 in marketing and administrative costs. All transactions are on account. All services were billed. Required: a. Show Labor and overhead cost flows through T-accounts. b. Prepare an income statement for the compony for October. Complete this question by entering your answers in the tabs below. Show labor and overhead cost flows through T-accounts. Complete this question by entering your answers in the tabs below. Show labor and overhead cost flows through T-accounts. b. Prepare an income statement for the company for October. Complete this question by entering your answers in the tabs below. Prepare an income statement for the company for October