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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

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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 $231770. (b) Requisitioned materials at a cost of $111,500, of which $15,600 was for general factory use. (c) Recorded factory labor of $224,700, of which $42375 was indirect. (d) incurred other costs: Selling expense Factory utilities Administrative expenses Pactory rent Factory depreciation $35,100 24.000 50.650 11,100 19,200 (e) Applied overhead at a rate equal to 129 percent of direct labor cost. in Completed jobs costing $262,350. (9) Sold jobs costing $324,670. (n) Recorded sales revenue of $500,000. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3a Reg 3b Reg 4 Reg 5 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.) Raw Materials Inventory 28,000.00 Work In Process Inventory 19,900.00 Beg. Bal. Beg. Bal End. Bal 28,000.00 End. Bal 19,900,00 Manufacturing Overhead Finished Goods Inventory 123,800.00 Beg Bal Beg. Bal End. Bal. 123,800.00 End Bal 0.00 Sales Revenue Cost of Goods Sold Beg Bal Beg Bal End, al 19,900.00 Finished Goods Inventory 123.800.00 Manufacturing Overhead Beg Bal Beg Bal End. Bal 123,800.00 End Bal 0.00 Cost of Goods Sold Sales Revenue Beg Bal Beg Bal End. Bal. 0.00 End. Ball 0.00 Nonmanufacturing Expenses Beg Bal End, Bal 0.00 Rome Req3a > Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg Req 3b Reg 4 Reg 5 Compute over- or underapplied manufacturing overhead (Round your answer to 2 decimal places.) Manufacturing Overhead Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Reg 3b Reg 4 Reg 5 If the balance in the Manufacturing Overhead account is closed directly to cost of Goods Sold, Will Cost of Goods Sold increase or decrease? Increase Decrease Reg 1 and 2 Reg 3a Reg 3b Reg 4 Reg 5 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 Direct Materials Used Total Current Manufacturing Costs $ 0.00 Cost of Goods Manufactured Reg 1 and 2 Reg 3a Reg 3b Reg 4 Reg 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.) LAMONDA CORP. Income Statement For the Month of April Cost of Goods Sold Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Net Income (Loss) from Operations

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