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Lamonda Corporation uses a job order cost 5ystem. On Aprit 1 , the accounts had balances as shown in the T-accounts beiowr The following transoctions occurted during April: a. Purchased materials on account at a cost of $232,870. b. Requistioned materiais at a cost of $11,300, of which $15,500 was for general factory use. c. Recorded unpala factory labor of $224,400, of which $43,275 was indirect. d. Incurrart nthat rinate: e. Applied overhead at a rote equal to 137 percent of direct labor cost. f. Completed jobs costing $261,950. 9. Sold jobs costing $324,370. h. Recorded sales revenue (on account) of $511,000. Requlred: 1. B 2. Post the April transactions to the T-accoumts and compute the balance in the accounte at the end of April. 3-a. Compute over-or underapplied manufacturing overthead. 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cont of Goods. Sold, will Cost of Gootis Sold increase or decrease? 4. Prepare Lamonda's cost of goods marufoctured report for Apri. 5. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods sold needed to dispose of over. or underapplied manufacturing overhead. Complete this question by entering your answers in the tabs below. \begin{tabular}{|l|l|l|l|} \hline Beginnuing Balance & 123,500.00 & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline Beginning Balance \\ \hline Ending Balance & & & \end{tabular} 1. \& 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of Aprit. 3-a. Compute over-or underapplled manufacturing overhead. 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. 5. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over-or underapplied manufacturing overhead. Complete this question by entering your answers in the tabs below. Compute over-or underapplied manufacturing overhead. Note: Round your answer to 2 decimal places. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. 3-a. Compute over-or underapplied manufacturing overhead. 3-b. If the balance in the.Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Se decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. 5. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of overunderapplied manufacturing overhead. Complete this question by entering your answers in the tabs below. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? Complete this question by entering your answers in the tabs below. Prepare Lamonda's cost of goods manufactured report for April. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. Note: Round your answers to 2 decimal places