Lamonda Corporation 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:

Purchased materials on account at a cost of $$233,170.$

Requisitioned materials at a cost of $$110,700,$ of which $$16,300$ was for general factory use.

Recorded unpaid factory labor of $$225,100,$ of which $$42,975$ was indirect.

Incurred other costs:

Selling expense $ $35,600$

Factory utilities $22,700$

Administrative expenses $50,150$

Factory rent $10,500$

Factory depreciation $19,100$

Applied overhead at a rate equal to $133$ percent of direct labor cost.

Completed jobs costing $$262,050.$

Sold jobs costing $$323,970.$

Recorded sales revenue $($on account$)$ of $$518,000.$

Required:

$1.$ & $2.$ Post the April transactions to the T$-$accounts and compute the balance in the accounts at the end of April.

$3-$a$.$ Compute over$-$ or underapplied manufacturing overhead.

$3-$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.

$5.$ Prepare Lamonda$$s April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over$-$ or underapplied manufacturing overhead.