if possible can you write answer in this type of layout as well so i...
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Accounting
if possible can you write answer in this type of layout as well so i can clearly see where each numbers go so when doing a dif problem thanks :)
Che 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 points (a) Purchased materials on account at a cost of $233,370 (b) Requisitioned materials at a cost of $110,500, of which $15,500 was for general factory use. (c) Recorded factory labor of $225,000, of which $42.975 was indirect. (d) incurred other costs: Book Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation $34,900 23,100 50, 550 10,300 19,300 References (e) Applied overhead at a rate equal to 142 percent of direct labor cost. in Completed jobs costing $263,250, (9) Sold jobs costing $324,170. (h) Recorded sales revenue of $501,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April (Round your to 2 decimal places.) to 2 decimal places.) 3-a. Compute over- or underapplied manufacturing overhead (Round your answer to 2 decimal places.) 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold increase decrease? 4. Prepare Lamonda's cost of goods manufactured report for April (Round your answers to 2 decimal places.) 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.) Complete this question by entering your answers in the tabs below. W Req 1 and 2 Req 3a Req3b Reg 4 Reg 5 Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Round your answers to 2 decima Raw Materials Inventory 28.700.00 Work in Process Inventory 20,000.00 Beg Bal Beg Bal. Req 1 and 2 Req 3a Req3b Req 4 Reg 5 Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Round your ans Raw Materials Inventory 28,700.00 Work in Process Inventory 20,000.00 Beg. Bal. Beg. Bal. End. Bal. End. Bal. Manufacturing Overhead Finished Goods Inventory 123,700.00 Beg. Bal. Beg. Bal. End. Bal. End. Bal. Cost of Goods Sold Sales Revenue Beg. Bal. Beg. Bal. End. Bal. End. Bal. Nonmanufacturing Expenses Beg. Bal. End. Bal. Reg 3a > Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3a Req Req 3b Reg 3b Req 4 Req 5 Reqs Compute over- or underapplied manufacturing overhead. (Round your answer to 2 decim. Manufacturing Overhead Req 1 and 2 Req Req 3b Reg 4 Req 5 If the balance in the Manufacturing Overhead account is closed directly to Co: or decrease? Increase Decrease
if possible can you write answer in this type of layout as well so i can clearly see where each numbers go so when doing a dif problem thanks :)








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