PLEASE COMPLETE REQUIRED 1, 2, 3a, 3b, 4, and 5

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 April: a. Purchased materials on account at a cost of $232,370. b. Requisitioned materials at a cost of $111,100, of which $16,600 was for general factory use. c. Recorded unpaid factory labor of $225,300, of which $42,675 was indirect. d. Incurred other costs: $ 35,900 Selling expense Factory utilities 23,000 Administrative expenses 50,750 Factory rent 10,600 Factory depreciation 19,200 e. Applied overhead at a rate equal to 133 percent of direct labor cost. f. Completed jobs costing $263,650. g. Sold jobs costing $324,270. h. Recorded sales revenue (on account) of $509,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. 3-a. Compute over- or underapplied manufacturing overhead. 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will 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. Req 1 and 2 Req 3a Req 3b Req 4 Req 5 Post the 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 places. Raw Materials Inventory Work in Process Inventory Debit Credit Debit Beginning Balance 29,000.00 Beginning Balance 19,600.00 Ending Balance 29,000.00 Ending Balance 19,600.00 Finished Goods Inventory Manufacturing Overhead Beginning Balance 124,400.00 Beginning Balance Ending Balance 124,400.00 Ending Balance Cost of Goods Sold Beginning Balance Beginning Balance Ending Balance 0.00 Ending Balance Nonmanufacturing Expenses Beginning Balance Ending Balance 0.00 Debit Debit Debit Credit Credit Credit Credit Credit 0.00 Credit 0.00 Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. 3-a. Compute over- or underapplied manufacturing overhead. 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will 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. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3a Req 3b Req 4 Req 5 Compute over- or underapplied manufacturing overhead. Note: Round your answer to 2 decimal places. Manufacturing Overhead Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. 3-a. Compute over- or underapplied manufacturing overhead. 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will 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. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3a Req 3b Req 4 Req 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 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3a Req 3b Req 4 Req 5 Prepare Lamonda's cost of goods manufactured report for April. Note: Round your answers to 2 decimal places. LAMONDA CORPORATION Cost of Goods Manufactured Report For the Month of April $ Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3a Req 3b Req 4 Req 5 Prepare Lamonda's April income statement. Include any adjustment to Cost of Goods Sold needed to dispose of over- or underapplied manufacturing overhead. Note: Round your answers to 2 decimal places. LAMONDA CORPORATION 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 124,400.00 263,650.00 324,270.00