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Post the April transactions to the T-accounts and compute the balance in the accounts at the end of Aprif. Note: Post each transaction (d) cost separately. Prepare Lamonda's cost of goods manufactured report for April. Complete this question by entering your answers in the tabs below. Compute over- or underapplied manufacturing overhead. Complete this question by entering your answers in the tabs below. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase or decrease? Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over-or underapplied manufacturing overhead. Nonmanufacturing Expenses \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Sales Revenue } \\ \hline Bebit & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} PA2-1 (Static) 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 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: 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 unpaid factory labour of $155,000, of which $24,000 was indirect. d. Incurred other costs: e. Applied overhead at a rate equal to 135 percent of direct labor cost t. Completed jobs costing $375,000. 9. Sold jobs costing $402,000. h. Recorded sales revenue (on account) of $500,000 Required: 1. 8 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of Aprit. 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