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\begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Cost of Goods Sold } \\ \hline Beginning Balance & & & Credit \\ \hline & & & \\ \hline & & & \\ \hline & 0.00 & & \\ \hline \end{tabular} Compute over- or underapplied manufacturing overhead. Note: Round your answer to 2 decimal places. Post ut April transactions to the T-accounts and compute the balance in the accounts at the end of April. Note: Post each transaction (d) cost separately. Round your answers to 2 decimal ploces. 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 cost of goods manufactured report for April. Note: Round your answers to 2 decimal places. 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 Aprit: a. Purchased materials on account at a cost of $233,570. b. Requisitioned materials at a cost of $110,500, of which $15,400 was for general factory use. c. Recorded unpaid factory labor of $224,900, of which $42,875 wos indirect d. incurred other costs: e. Applied overhead at a rate equal to 132 percent of direct labor cost: f. Completed jobs costing $262.950 9. Sold jobs costing $323,370. h. Recorded sales revenue (on account) of $520,000. Required: 1. 8.2 . Post the April transactions to the T-accounts and compute the balance in the accounts ot the end of Aprit: 3-a. Compute over- or underapplied manufacturing overhesd. 3-b. If the batance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, wail 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. Prepare Lamonda's April income statement. Include any adjustmer to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. Note: Round your answers to 2 decimal places

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