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need help with portion that is incorrect Lamonda Corp. uses a job order cost system. On April 1, the accounts had the following balances: Raw

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Lamonda Corp. uses a job order cost system. On April 1, the accounts had the following balances: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory $ 25,000 55,000 60,000 The following transactions occurred during April: (a) Purchased materials on account at a cost of $136,000. (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). Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $44,000 26,000 15,000 30,000 24,000 (e) Applied overhead at a rate equal to 135 percent of direct labor cost. (Completed jobs costing $375,000. ) Sold jobs costing $402,000, (h) Recorded sales revenue of $500,000. Required: Prepare all of Lamonda's necessary Journal entries for the month of April. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 52 ms mheducation.com Yahoo M YouTube Maps Google Photos 4. Psych Doctor Outlook-Bllinn Bin College Ecampus Binn 2 Homework Part 2 Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does no Answer is not complete. Ne Transaction General Journal Debit Credit 1 Raw Materials Inventory Accounts Payable 138,000 136.000 15.07 2 b Work In Process Inventory Manufacturing Overhead Raw Materials inventory 94,000 28.000 09 122.000 3 Work In Process Inventory Manufacturing Overhead Salaries/Wages Payable BO 131,000 24,000 155,000 4 d Manufacturing Overhead Seling and Administrative Expenses General and Administrative Salary Expense Miscellaneous Account 00 80,000 44,000 15,000 139.000 15 Work in Process Inventory Manufacturing Overhead 176,850 176.850 5 Finished Goods inventory Work in Process inventory 375,000 375.000 MacBook Air * so 000 F3 Goo 74 17 * 2 # 3 $ 4 % 5 & 7 6 8 9

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