Question 17 (of 18) 0.64 points 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 $136,000 (b) Requisitioned materials at a cost of $122,000, of which $28,000 was for (c) Recorded factory labor of $155,000, of which $24,000 was indirect (d) Incurred other costs 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 (1) Completed jobs costing $375,000 (g) Sold jobs costing $402.000 (h) Recorded sales revenue of $500,000 Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of Apri. Work in Process Inventory Raw Materials Inventory 0 Type here to search