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 Aprti: (a) Purchased materials on account at a cost of $232,270. (b) Requisitioned materials at a cost of $111,400, of which $15,100 was for general factory use. (c) Recorded factory labor of $225,600, of which $43,575 was Indirect. (d) Incurred other costs: Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $35, 100 24, eee 51,450 10,980 19,800 (e) Applied overhead at a rate equal to 135 percent of direct labor cost. in Completed jobs costing $262,650. (g) Sold jobs costing $322.770. (h) Recorded sales revenue of $510,000. 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-. 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.) NA ON NY 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.) Beg. Bal 28,500.00 Beg. Bal 19,900.00 End. Bal End. Bal Manufacturing Overhead Finished Goods Inventory 124.200.00 Beg Bal Beg Bal End, Bal End. Bal Cost of Goods Sold Sales Revenue Beg Bal Beg Bal End, Bal End. Bal Nonmanufacturing Expenses Beg Bal End. Bal le) Applied overhead at a rate equal to 135 percent of direct labor cost m Completed Jobs costing $262.650. (g) Sold jobs costing $322770. th) Recorded sales revenue of $510,000. 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.) 3a Compute over-or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) 3-5. 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 Godal 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 Reg 36 Req 4 Reg 5 Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) Manufacturing Overhead 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 Reg 36 Reg 4 Reg 5 Prepare Lamonda's cost of goods manuf Req 3b rt 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 Cost of Goods Manufactured 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 bele Req 1 and 2 Req3a Reg 36 Rega 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 Cost of Goods Sold Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Net Income (Loss) from Operations