Question: pter 2 Homework (9 points) Saved Help 1 PA2-1 (Static) Recording Manufacturing and Nonmanufacturing Costs, Preparing the Cost of Goods Manufactured Report and Income Statement

 pter 2 Homework (9 points) Saved Help 1 PA2-1 (Static) Recording

pter 2 Homework (9 points) Saved Help 1 PA2-1 (Static) Recording Manufacturing and Nonmanufacturing Costs, Preparing the Cost of Goods Manufactured Report and Income Statement [LO 2-3, 2-4,2-5, 2-6) 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: fal Purchased materials on account at a cost of $136,000 D (b) Requisitioned materials at a cost of $122.000, of which $28,000 was for general factory use. (c) Recorded factory labor of $155.000, of which $24,000 was indirect. (d) incurred other costs Selling expense Factory utilities $44,000 26,000 15,000 Administrative expenses Factory rent 20,000 Factory depreciation 24,000 (e) Applied overhead at a rate equal to 135 percent of direct labor cost Completed jobs costing $375,000 ral Sold jobs costing $402.000 in Recorded sales revenue of $500,000 boek rences Seve & Exit Submit Check my work

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