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If you could explain how you got the calculations, Id appreciate it. Thanks Lamonda Corp. uses a job order cost system. On April 1, the

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Lamonda Corp. uses a job order cost system. On April 1, the accounts had balances as shown in the T-accounts below: The following transactions occurred during April: (a) Purchased materials on account at a cost of $233,270. (6) Requisitioned materials at a cost of $110,300, of which $16,500 was for general factory use. (c) Recorded factory labor of $223,800, of which $42,575 was indirect. (d) Incurred other costs: $34,500 Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation 24,000 51,450 11,500 19,200 (e) Applied overhead at a rate equal to 131 percent of direct labor cost. (f) Completed jobs costing $263,150. (9) Sold jobs costing $323,470. (h) Recorded sales revenue of $504,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transaction (d) cost separately. Round your answers to 2 decimal places.) 3-a. Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transaction (d) cost separately. Round your answers to 2 decimal places.) 3-a. Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Roq 3a Reg 36 Reg 4 Req 5 Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transa Round your answers to 2 decimal places.) Raw Materials Inventory 28,900.00 Work in Process Inventory 19,300.00 Beg. Bal. Beg. Bal. End. Bal 28,900.00 Reg 1 and 2 Reg 3a Reg 36 Reg 1 Reg 5 Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transac Round your answers to 2 decimal places.) Raw Materials Inventory Work in Process Inventory 19,300.00 Bog. Bal 28,900.00 Bog. Bal. End. Bal 28,900.00 End, Bal 19,300.00 Manufacturing Overhead Finished Goods Inventory 124,900.00 Beg. Bal. Beg. Bal End. Bal 124,900.00 End. Bal. 0.00 Cost of Goods Sold Sales Revenue End. Bal 124,900.00 End. Bal. 0.00 Cost of Goods Sold Sales Revenue Beg. Bal. Beg. Bal. End. Bal 0.00 End. Bal 0.00 Nonmanufacturing Expenses Beg. Bal. End, Bal 0.001 Sold increase or decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3a Req 3b Reg 4 Req 5 Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) Manufacturing Overhead Overapplied by S 141,700.00 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg Reg 36 Reg 4 Reqs If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will cost of Goods Sold increa or decrease? Increase Decrease Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Req 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Beginning Raw Materials Inventory Direct Labor Manufacturing Overhead Applied Total Current Manufacturing Costs $ 0.00 Cost of Goods Manufactured Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Less: Raw Material Purchases Plus: Raw Material Purchases Total Current Manufacturing Costs $ 0.00 Cost of Goods Manufactured Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3a Req 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Less: Indirect Materials Plus: Indirect Materials Total Current Manufacturing Costs $ 0.00 Cost of Goods Manufactured Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Direct Materials Used $ 0.00 Beginning Raw Materials Inventory Direct Labor Manufacturing Overhead Applied Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Req 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Direct Materials Used T-..-.--...----- $ 0.00 Less: Ending Work in Process Inventory Plus: Ending Work in Process Inventory Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Direct Materials Used Total Current Manufacturing Costs $ 0.00 Less: Beginning Work in Process Inventory Plus: Beginning Work in Process Inventory - 3b Req5 > keq i and 2 Reg sa Reg so reg 4 Reg 3 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP. Cost of Goods Manufactured Report For the Month of April Direct Materials Used Total Current Manufacturing Costs $ 0.00 Reg 3b Req5 > Less: Endit in Process Inventory Plus: Ending Work in Process Inventory Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Reg 4 Reg 5 Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) LAMONDA CORP Income Statement For the Month of April - Accounts Payable Accounts Receivable Accumulated Depreciation Beginning Finished Goods Inventory Net Income (Loss) from Operations Keq 1 and 2 Kseg sa Ked so reg 4 Reg 3 Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) LAMONDA CORP Income Statement For the Month of April Cost of Goods Sold Less: Cost of Goods Manufactured Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Gross Loss Req 4 Reg 5 > Gross Profit Keg i and 2 Reg sa Reg SD reg 4 Reg Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) LAMONDA CORP Income Statement For the Month of April Cost of Goods Sold Less: Cost of Goods Manufactured Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Accounts Payable Req 4 Reg 5 > Accounts Receivable Accumulated Depreciation Beginning Finished Goods Inventory Lamonda Corp. uses a job order cost system. On April 1, the accounts had balances as shown in the T-accounts below: The following transactions occurred during April: (a) Purchased materials on account at a cost of $233,270. (6) Requisitioned materials at a cost of $110,300, of which $16,500 was for general factory use. (c) Recorded factory labor of $223,800, of which $42,575 was indirect. (d) Incurred other costs: $34,500 Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation 24,000 51,450 11,500 19,200 (e) Applied overhead at a rate equal to 131 percent of direct labor cost. (f) Completed jobs costing $263,150. (9) Sold jobs costing $323,470. (h) Recorded sales revenue of $504,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transaction (d) cost separately. Round your answers to 2 decimal places.) 3-a. Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transaction (d) cost separately. Round your answers to 2 decimal places.) 3-a. Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Roq 3a Reg 36 Reg 4 Req 5 Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transa Round your answers to 2 decimal places.) Raw Materials Inventory 28,900.00 Work in Process Inventory 19,300.00 Beg. Bal. Beg. Bal. End. Bal 28,900.00 Reg 1 and 2 Reg 3a Reg 36 Reg 1 Reg 5 Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transac Round your answers to 2 decimal places.) Raw Materials Inventory Work in Process Inventory 19,300.00 Bog. Bal 28,900.00 Bog. Bal. End. Bal 28,900.00 End, Bal 19,300.00 Manufacturing Overhead Finished Goods Inventory 124,900.00 Beg. Bal. Beg. Bal End. Bal 124,900.00 End. Bal. 0.00 Cost of Goods Sold Sales Revenue End. Bal 124,900.00 End. Bal. 0.00 Cost of Goods Sold Sales Revenue Beg. Bal. Beg. Bal. End. Bal 0.00 End. Bal 0.00 Nonmanufacturing Expenses Beg. Bal. End, Bal 0.001 Sold increase or decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3a Req 3b Reg 4 Req 5 Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) Manufacturing Overhead Overapplied by S 141,700.00 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg Reg 36 Reg 4 Reqs If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will cost of Goods Sold increa or decrease? Increase Decrease Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Req 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Beginning Raw Materials Inventory Direct Labor Manufacturing Overhead Applied Total Current Manufacturing Costs $ 0.00 Cost of Goods Manufactured Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Less: Raw Material Purchases Plus: Raw Material Purchases Total Current Manufacturing Costs $ 0.00 Cost of Goods Manufactured Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3a Req 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Less: Indirect Materials Plus: Indirect Materials Total Current Manufacturing Costs $ 0.00 Cost of Goods Manufactured Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Direct Materials Used $ 0.00 Beginning Raw Materials Inventory Direct Labor Manufacturing Overhead Applied Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Req 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Direct Materials Used T-..-.--...----- $ 0.00 Less: Ending Work in Process Inventory Plus: Ending Work in Process Inventory Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Rea 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Direct Materials Used Total Current Manufacturing Costs $ 0.00 Less: Beginning Work in Process Inventory Plus: Beginning Work in Process Inventory - 3b Req5 > keq i and 2 Reg sa Reg so reg 4 Reg 3 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP. Cost of Goods Manufactured Report For the Month of April Direct Materials Used Total Current Manufacturing Costs $ 0.00 Reg 3b Req5 > Less: Endit in Process Inventory Plus: Ending Work in Process Inventory Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Reg 4 Reg 5 Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) LAMONDA CORP Income Statement For the Month of April - Accounts Payable Accounts Receivable Accumulated Depreciation Beginning Finished Goods Inventory Net Income (Loss) from Operations Keq 1 and 2 Kseg sa Ked so reg 4 Reg 3 Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) LAMONDA CORP Income Statement For the Month of April Cost of Goods Sold Less: Cost of Goods Manufactured Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Gross Loss Req 4 Reg 5 > Gross Profit Keg i and 2 Reg sa Reg SD reg 4 Reg Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) LAMONDA CORP Income Statement For the Month of April Cost of Goods Sold Less: Cost of Goods Manufactured Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Accounts Payable Req 4 Reg 5 > Accounts Receivable Accumulated Depreciation Beginning Finished Goods Inventory

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