18 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 0.55 points a $75,000 in raw materials were purchased for cash 6 $71800 in raw materials were used in production of this amount $65,500 was for direct materials and the remainder was for Indirect materials c. Total lobor wages of $151,900 were incurred and paid of this amount. $134100 was for direct lobor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $126.700 were incurred and paid e Manufacturing overhead of $129 800 was applied to production using the company's predetermined overhead rate 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 eBook Het Required: 1. Post the above transactions to T-accounts 2. Determine the adjusted cost of goods sold for the period Saved Post the above transactions to I-accounts. Cash Raw Materials Debit Beginning Balance Credit Credit Credit Debit Beginning Balance Ending Balance Ending Balance Work in Process Finished Goods Credit Credit Debit Beginning Balance Debit Beginning Balance Ending Balance Ending Balance Cost of Goods Sold Manufacturing Overhead Debit Beginning Balance Credit Credit Debit Beginning Balance Ending Balance Ending Balance Regin Required 2 >