1 Book int int Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,800 in raw materials were purchased for cash. b. $72,200 in raw materials were used in production. Of this amount, $65,900 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $150,000 were incurred and paid. Of this amount, $134,200 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $125,000 were incurred and paid. e. Manufacturing overhead of $118,100 was applied to production using the company's predetermined overhead rate. f. All of the jobs in process at the end of the month were completed. g. All of the completed jobs were shipped to customers. h. Any underapplied or overapplied overhead for the period was closed to Cost of Goods Sold. Required: 1. Post the above transactions to T-accounts. ences 2. Determine the adjusted cost of goods sold for the period. Complete this question by entering your answers in the tabs below. Required 11 Required 2 Post the above transactions to T-accounts. Beginning balance a Cash Debit Raw Materials Credit Debit Credit 76,800 150,000 Beginning balance 125,000 1 Post the above transactions to T-accounts. Beginning balance a. eBook Ending balance Cash Debit Raw Materials Credit Debit Credit 76,800 Beginning balance 150,000 125,000 351,800 Ending balance Hint Work In Process Finished Goods Debit Credit Debit Credit Beginning balance Print Beginning balance + eferences Ending balance Debit Beginning balance Ending balance Manufacturing Overhead Ending balance Cost of Goods Sold Credit Debit Credit Beginning balance Ending balance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold Required 1