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 $$233,270.$

Requisitioned materials at a cost of $$111,800,$ of which $$15,900$ was for general factory use.

Recorded unpaid factory labor of $$224,300,$ of which $$42,975$ was indirect.

Incurred other costs:

Selling expense $ $36,000$

Factory utilities $23,300$

Administrative expenses $50,150$

Factory rent $10,800$

Factory depreciation $20,700$

Applied overhead at a rate equal to $139$ percent of direct labor cost.

Completed jobs costing $$263,150.$

Sold jobs costing $$323,770.$

Recorded sales revenue $($on account$)$ of $$501,000.$

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. HERE ARE THE BEGGINING BALANCES: Raw Materials Inventory Beggining Balance: $29,100\mathrm{.}00.$ Work In Progress inventory beggining balanced: $18,700\mathrm{.}00.$ Finished Goods Inventory beggining balance: $123,900\mathrm{.}00.$