Lamonda Corp uses a job order cost system. On Apr mendances in the accounts below The following transactions occurred during An Purchased materials on account at a cost of $233,370 (b) Requisitioned materials at a cost of $ 600, of which 515 was tortor (c) Recorded factory tabor of $225.300 of which 543.375 was indect (d) incurred other costs aces Sellist Factory litis istratives Factory rent Factory depreciation 3. 51.450 fel Applied overhead at a rate equal to 131 percent of direct labor cost m Completed jobs costing $262250 (a) Sold jobs costing 5323070 (h) Recorded sales revenue of 5514.000 Required: 1. & 2. Post the April transactions to the accounts and computer the balance in the accounts at the end of Art Posteach transaction (1) cont separately. Round your answers to 2 decimal places) 3-a. Compute over or underapped manufacturing overhead (Hound your answer to 2 decimal places) 3-b. the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold will cost of Goods sold increase decrease? 4. Prepare Lamonda's cost of goods manufactured report for Art (Round your answers 102 decimal places) 5. Prepare Lamonda's Antincome statement include any adjustment to cost of Goods Sold needed to dispose of over underapplied manufacturing overhead (Round your answers to 2 decimal places Post the April transactions to the accounts and compute the balance in the accounts at the end of technote Hound you were to decimal) Beg Beg Bad 18.000.00 End 250000 Ental 1890000 Blog Bal 12400000 Beg Bai Enaba 12400000 End 0.00 Best End 000 End 00 End 500 Lamonda Corp uses a job order cost system. On Apr mendances in the accounts below The following transactions occurred during An Purchased materials on account at a cost of $233,370 (b) Requisitioned materials at a cost of $ 600, of which 515 was tortor (c) Recorded factory tabor of $225.300 of which 543.375 was indect (d) incurred other costs aces Sellist Factory litis istratives Factory rent Factory depreciation 3. 51.450 fel Applied overhead at a rate equal to 131 percent of direct labor cost m Completed jobs costing $262250 (a) Sold jobs costing 5323070 (h) Recorded sales revenue of 5514.000 Required: 1. & 2. Post the April transactions to the accounts and computer the balance in the accounts at the end of Art Posteach transaction (1) cont separately. Round your answers to 2 decimal places) 3-a. Compute over or underapped manufacturing overhead (Hound your answer to 2 decimal places) 3-b. the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold will cost of Goods sold increase decrease? 4. Prepare Lamonda's cost of goods manufactured report for Art (Round your answers 102 decimal places) 5. Prepare Lamonda's Antincome statement include any adjustment to cost of Goods Sold needed to dispose of over underapplied manufacturing overhead (Round your answers to 2 decimal places Post the April transactions to the accounts and compute the balance in the accounts at the end of technote Hound you were to decimal) Beg Beg Bad 18.000.00 End 250000 Ental 1890000 Blog Bal 12400000 Beg Bai Enaba 12400000 End 0.00 Best End 000 End 00 End 500
