Shown below are the job cost related accounts for the law firm of Barnes, King, and Morton and their manufacturing equivalents:
Law Firm Accounts
Manufacturing Firm Accounts

• Supplies Raw Materials
• Salaries Payable Factory Wages Payable
• Operating Overhead Manufacturing Overhead
• Work in Process Work in Process
• Cost of Completed Work Cost of Goods Sold

Cost data for the month of March follow.

• Purchased supplies on account $1,500.
• Issued supplies $1,200 (60% direct and 40% indirect).
• Time cards for the month indicated labor costs of $50,000 (80% direct and 20% indirect).
• Operating overhead costs incurred for cash totaled $40,000.
• Operating overhead is applied at a rate of 90% of direct attorney cost.
• Work completed totaled $70,000.

Journalize the transactions for March. (For multiple debit/credit entries, list amounts from largest to smallest e.g. 10, 5, 3, 2.)

Determine the balance of the Work in Process account. Use a T account. (List amounts in order of the transaction numbers above. If an amount should be blank, enter a zero. All boxes must be filled to be correct.)