2 1 points indirect materials. Exercise 3-2 Prepare T-Accounts (LO3-2, LO3-4] 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. $76,900 in raw materials were purchased for cash. b. $72,200 in raw materials were used in production. Of this amount, $65,800 was for direct materials and the remainder was for c. Total labor wages of $152,100 were incurred and paid. Of this amount, $133,500 was for direct labor and the remainder was for indirect d. Additional manufacturing overhead costs of $125,200 were incurred and paid. e. Manufacturing overhead of $127,200 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. direct labor Required: 1. Post the above transactions to T-accounts. 2. Determine the adjusted cost of goods sold for the period. X is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the above transactions to T-accounts. Cash Raw Materials 76,900 X 72,200 X Beg. Bal. Beg. Bal. 76,900 152,100 143,000 X End. Bal. 372,000 End. Bal 4,700 Work in Process Finished Goods Post the above transactions to T-accounts. Cash Raw Materials 76,900 72,200 Beg. Bal. Beg. Bal. 76,900 X 152, 100 143,000 End. Bal. 372,000 End. Bal. 4,700 Finished Goods 332,900 332,900 Beg. Bal. Beg. Bal. Work in Process 72,200 133,500 127,200 End. Bal. 332,900 End. Bal. Beg. Bal. Beg. Bal. Manufacturing Overhead 6,400 127,200 18,600 125,200 Cost of Goods Sold 332,900 % 23,000 355,900 End. Bal. 23,000 End. Bal. Required 1 Required 2 >