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The following transactions occurred during April: (a) Purchased materials on account at a cost of $231.770. b) Requisitioned materials at a cost of $110,800, of

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The following transactions occurred during April: (a) Purchased materials on account at a cost of $231.770. b) Requisitioned materials at a cost of $110,800, of which $15 600 was for general factory use. (c) Recorded factory labor of $224,700, of which $42.975 was indirect (d) Incurred other costs: Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $35,200 22,800 50.050 10,600 20,400 (e) Applied overhead at a rate equal to 130 percent of direct labor cost. Completed jobs costing $263.450. (g) Sold jobs costing $323,870. f) Recorded sales revenue of $501,000. Required: 1.6 2. Post the April transactions to the counts and compute the balance in the accounts at the end of April (Round your decimal places) Beg Bal Raw Materials Inventory 29,000,00 EUR Work in Process Inventory Beg Ball 19.00000 End Bal 29.000.00 End, 19700000 Finished Goods Inventory 1240000 Manufacturing Overhea Beg B End. Bal 124,800.00 End B Cost of Goods Sold Sales Revenu Sa Compute over or underapplied manufacturing overhead (Round your wwer to 1 decimal place Manufacturing 3-. If the balance in the Manufacturing Overhead count is closed directly to cost of Goods Sold will cost of Goods Sold increase or decrease? Increase Decret 4. Prepare Lamonde's cost of goods manufactured report for Apr (Round your answers to 2 decimal places LANONDA CORP Cost of Goods Manufactured Report For the Month of 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 (Round your answers to 2 decimal places) Income Statement Add Cost of Goods Sold Netcomes from

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