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 $232,370. (b) Requisitioned materials at a cost of $111,100, of which $16,000 was for general factory use. (c) Recorded factory labor of $224.400, of which $43,075 was indirect (d) Incurred other costs. Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $34,700 23, 200 51,150 11,000 19,300 le) Applied overhead at a rate equal to 137 percent of direct labor cost (Completed jobs costing $261,850. (9) Sold jobs costing $323,370. (h) Recorded sales revenue of $508,000 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-o. 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 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 on underapplied manufacturing overhead (Round your answers to 2 decimal places.) Raw Materials Inventory 28,900.00 Beg Bal Work in Process Inventory 18,600.00 Beg Bal End Bal 28,900.00 End Bal 18,600.00 Finished Goods Inventory 123,300 00 Manufacturing Overhead Beg Bal Beg Bal End, Bal 123,300.00 End Bal 0.00 Cost of Goods Sold Sales Revenue Beg Bal Beg Bal End Bal 0.00 End Bal 0.00 Nonmanufacturing Expenses Beg Ball