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 $136,000. (b) Requisitioned materials at a cost of $122,000, of which $28,000 was for general factory use. (c) Recorded factory labor of $155,000, of which $24,000 was indirect. (d) Incurred other costs: Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $44,000 26,000 15,000 30,000 24,000 (e) Applied overhead at a rate equal to 135 percent of direct labor cost. Completed jobs costing $375,000. (g) Sold jobs costing $402,000. (h) Recorded sales revenue of $500,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. Raw Materials Inventory Work in Process Inventory Beg. Bal. 25,000 Beg. Bal. 55,000 End. Bal. 25,000 End. Bal. 55,000 Finished Goods Inventory Manufacturing Overhead Beg. Bal. 60,000 Beg. Bal. End. Bal. 60,000 End. Bal. Cost of Goods Sold Sales Revenue Beg. Bal. Beg. Bal. End. Bal. End. Bal. Selling and administrative expenses Beg. Bal. End. Bal. 3-a. Compute over- or underapplied manufacturing overhead. Manufacturing Overhead