Lamonda Corp. uses a job order cost system. On April $1,$ the accounts had bolances as shown in the T$-$accounts below:

The following transoctions occurred during April:

$($a$)$ Purchseed materisls on account at a cost of $$232,070.$

$($b$)$ Requisitioned materials at o cost of $$111,500,$ of which $$16,100$ was for general factory use.

$($c$)$ Recorded factory labor of $$224,100,$ of which $$43,375$ wos inclirect.

$($c$)$ Incurred other costs:

$($e$)$ Applied overhesd at $8$ rate equal to $139$ percent of direct labor cost.

$($f$)$ Completed jobs costing $$262,250.$

$($g$)$ Sold jobs costing $$324,270.$

$($h$)$ Recorded sales revenue of $$517,000.$

Required:

& $2$ Post the April transactions to the T$-$sccounts and compute the bolance in the accounts st the end of April. $($Post each

transaction $($d$)$ cost separately. Round your answers to $2$ decimal places.$)$

$3.$a$.$ Compute over$-$ or underspplied monufocturing overhead. $($Round your answer to $2$ decimal places.$)$

$3.$b$.$ If the bolence in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will Cost of Goods Sold incresse or

decresse?

Prepare Lamonda's cost of goods manufactured report for April. $($Round your answers to $2$ decimal places.$)$

Prepare Lamonds's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over$-$ or

underspplied manufacturing overhesd. $($Round your answers to $2$ decimal places.$)$

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Req $3$ a

Req $3b$

Req $4$

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.$)$