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Lamonda Corporation uses a job order cost system. On April 1, the accounts had the following balances: The following transactions occurred during April: Required: a.

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Lamonda Corporation uses a job order cost system. On April 1, the accounts had the following balances: The following transactions occurred during April: Required: a. Purchased materials on account at a cost of $136,000. Purchase of raw materials, and sales are on Account. 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: (Hint: Use Miscellaneous Accounts for the total of all costs incurred). e. Applied overhead at a rate equal to 135 percent of direct labor cost. f. Completed jobs costing $375,000. 9. Sold jobs costing $402,000. h. Recorded sales revenue of $500,000. Record the sales revenue earned on account. Prepare all of Lamonda's necessary journal entries for the montn of April. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Record the purchase of raw materials on account. 2 Record the Requisition of raw materials. 3 Record Lamonda Corporation's payroll costs due but not paid. 4 Record the actual other costs incurred and paid. 5 Record the application of manufacturing overhead to production. 6 Record the transfer of work in process inventory to finished goods inventory. 3 Record Lamonda Corporation's payroll costs due but not paid. 4 Record the actual other costs incurred and paid. 5 Record the application of manufacturing overhead to production. 6 Record the transfer of work in process inventory to finished goods inventory. 7 Record the transfer of finished goods inventory account to cost of goods sold. 8 Record the sales revenue earned on account. Note: = journal entry has been entered

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