Lamonda Corp. uses a job order cost system. On April 1, the accounts had balances as shown in the T-accounts below:

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 $232,070. (b) Requisitioned materials at a cost of $111,300, of which $15,700 was for general factory use. (c) Recorded factory labor of $224,700, of which $41,975 was indirect. (d) Incurred other costs: Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $34,000 23,800 49,950 11,700 19,600 (e) Applied overhead at a rate equal to 131 percent of direct labor cost. (1) Completed jobs costing $262.050. (9) Sold jobs costing $322.770. (h) Recorded sales revenue of $520,000 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 to 2 decimal places.) 3-a. Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.) Prev 1 of 3 !! Next > Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Round your answ Raw Materials Inventory 28,200.00 Work in Process Inventory 18,500.00 Beg. Bal. Beg Bal. End. Bal. 28,200.00 End. Bal 18,500.00 Manufacturing Overhead Finished Goods Inventory 124,500.00 Beg. Bal. Beg Bal End. Bal 124,500.00 End Bal Rev 1 of 3 !!! Next > Cost of Goods Sold Sales Revenue Beg Bal Beg Bal End. Bal. 0.00 End Bal 0.00 Nonmanufacturing Expenses Beg Bal End. Bal 0.00 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3a Req 3b Reg 4 Reg 5 Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places Manufacturing Overhead RE Complete this question by entering your answers in the tabs below. JUNS Req 1 and 2 Req 3a Reg 3b Req 4 If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will or decrease? Increase Decrease Req 3a Req 4 >