nices PA2-1 (Algo) Recording Manufacturing and Nonmanufacturing Costs, Preparing the Cost of Goods Manufactured Report and Income Statement [LO 2-3, 2-4, 2-5, 2-6] 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 $232,370. (b) Requisitioned materials at a cost of $112,000, of which $16,500 was for general factory use. (c) Recorded factory labor of $225,000, of which $42,775 was indirect. (d) Incurred other costs: Selling expense $35,100 Factory utilities 23,100 Administrative expenses 50,650 Factory rent 11,100 Factory depreciation 20,500 (e) Applied overhead at a rate equal to 130 percent of direct labor cost. (f) Completed jobs costing $263,050. (g) Sold jobs costing $323,670. (h) Recorded sales revenue of $506,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Post each transaction (d) cost separately. Round your answers to 2 decimal places.) 3-a. Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decimal places.)