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 $$232,270.$

$($b$)$ Requisitioned materials at a cost of $$110,800,$ of which $$16,300$ was for general factory use.

$($c$)$ Recorded factory labor of $$225,400,$ of which $$42,775$ was indirect.

$($d$)$ Incurred other costs:

Selling expense $ $34,100$

Factory utilities $24,200$

Administrative expenses $51,550$

Factory rent $11,800$

Factory depreciation $20,300$

$($e$)$ Applied overhead at a rate equal to $140$ percent of direct labor cost.

$($f$)$ Completed jobs costing $$263,050.$

$($g$)$ Sold jobs costing $$322,770.$

$($h$)$ Recorded sales revenue of $$505,000.$

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.$)$

$3-$a$.$ 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.$)$