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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

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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. (b) Requisitioned materials at a cost of $110,500, of which $15,500 was for general factory use. (c) Recorded factory labor of $225,600, of which $42,975 was indirect. (d) incurred other costs Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $34,900 22,808 51,650 11,700 20,500 le) Applied overhead at a rate equal to 133 percent of direct labor cost. (0) Completed jobs costing $262,050. (g) Sold jobs costing $323, 270. (h) Recorded sales revenue of $518,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Round yo to 2 decimal places.) 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. (b) Requisitioned materials at a cost of $110,500, of which $15,500 was for general factory use. (c) Recorded factory labor of $225,600, of which $42,975 was indirect. (d) incurred other costs Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $34,900 22,808 51,650 11,700 20,500 le) Applied overhead at a rate equal to 133 percent of direct labor cost. (0) Completed jobs costing $262,050. (g) Sold jobs costing $323, 270. (h) Recorded sales revenue of $518,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Round yo to 2 decimal places.)

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