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. in Completed jobs costing $263,650 (a) Sold jobs costing $324 270 (h) Recorded sales revenue of $509,000. 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to cat of Goods Sold needed to dispose of over-or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg Reg 3b Reg 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Beginning Raw Materials Inventory $ 94,000.00 X Plus: Raw Material Purchases 242, 121.00 Plus: Indirect Materials X 519,546.00 % Less: Ending Raw Materials Inventory 18,600.00 % $ Direct Materials Used 538,146.00 Direct Labor 94,000.00 Manufacturing Overhead Applied 0.00 Less: Ending Work in Process Inventory 0.00 X Total Current Manufacturing Costs 632.146.00 Less: Beginning Work in Process Inventory * 0.00 X Less: Ending Work in Process Inventory 274.496.00 $ Cost of Goods Manufactured 263,650.00 X x $ 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. in Completed jobs costing $263,650 (a) Sold jobs costing $324 270 (h) Recorded sales revenue of $509,000. 4. Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) 5. Prepare Lamonda's April income statement. Include any adjustment to cat of Goods Sold needed to dispose of over-or underapplied manufacturing overhead. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg Reg 3b Reg 4 Reg 5 Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) Prepare Lamonda's cost of goods manufactured report for April. (Round your answers to 2 decimal places.) LAMONDA CORP Cost of Goods Manufactured Report For the Month of April Beginning Raw Materials Inventory $ 94,000.00 X Plus: Raw Material Purchases 242, 121.00 Plus: Indirect Materials X 519,546.00 % Less: Ending Raw Materials Inventory 18,600.00 % $ Direct Materials Used 538,146.00 Direct Labor 94,000.00 Manufacturing Overhead Applied 0.00 Less: Ending Work in Process Inventory 0.00 X Total Current Manufacturing Costs 632.146.00 Less: Beginning Work in Process Inventory * 0.00 X Less: Ending Work in Process Inventory 274.496.00 $ Cost of Goods Manufactured 263,650.00 X x $