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 $232,870. (b) Requisitioned materials at a cost of $110,900, of which $16,900 was for general factory use. (c) Recorded factory labor of $225,400, of which $41975 was indirect (d) Incurred other costs: Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $35, 100 23,600 50,150 10,600 19,700 (e) Applied overhead at a rate equal to 132 percent of direct labor cost (1) Completed jobs costing $263,650. (9) Sold jobs costing $324.270. (n) Recorded sales revenue of $509,000 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 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 $232,870 (b) Requisitioned materials at a cost of $110,900, of which $16,900 was for general factory use. (c) Recorded factory labor of $225,400, of which $41,975 was indirect. (d) incurred other costs: Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $35,100 23,600 50,150 10,600 19,700 (0) Applied overhead at a rate equal to 132 percent of direct labor cost Completed jobs costing $263,650. (9) Sold jobs costing $324,270 m) Recorded sales revenue of $509,000 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.)