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 $232,570. (b) Requisitioned materials at a cost of $110,500, of which $15,300 was for general factory use. (c) Recorded factory labor of $225700, of which $42,575 was indirect. (d) Incurred other costs cer Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $35,800 22,800 51,550 11,400 20,000 (0) Applied overhead at a rate equal to 139 percent of direct labor cost (Completed jobs costing $262.250. (9) Sold jobs costing $323.870. (n) Recorded sales revenue of $503,000. Required: 1. & 2. Post the April transactions to the Taccounts and compute the balance in the accounts at the end of April (Round your answers to 2 decimal places.) (e) Applied overhead at a rate equal to 139 percent of direct labor cost. (0Completed jobs costing $262,250. (a) Sold jobs costing $323.870. (h) Recorded sales revenue of $503,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Round your onswers to 2 decimal places.) Raw Materials Inventory 29, 300 00 Work in Process Inventory 19,00000 Bog Bal Beg Bal End Bal 28,300 00 End B 19,00000 Manufacturing Overhead Finished Goods Inventory 123 30000 Beg Bal Beg Ba End Bal 123,300.00 3-o. Compute over or underapplied manufacturing overhead (Round your answer to 2 decimal places.) 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 increase or decrease? Increase Decrease 4. Prepare Lomonda's cost of goods manufactured report for April (Round your answers to 2 decimal places.) www 4. 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 Matenals Used Total Current Manufacturing Costs S 000 Cost of Goods Manufactured