2 2.5 points 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. $76,200 in raw materials were purchased for cash. b. $72,900 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 $152,700 were incurred and paid. Of this amount, $134,400 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 $129,300 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 2. Determine the adjusted cost of goods sold for the period. Answer is not complete. Complete this question by entering your answers in the tabs below. Required Required 2 Post the above transactions to T-accounts. Cash Debit Beginning balance Ending balance Raw Materials Credit Debit Credit Beginning balance 76,200 a 76,200 72.900 b 152,700 c 125,000 d. 353,900 Ending balance Work In Process Debit Beginning balance b. 65,900 C 134,400 e. 129,300 Ending 329,600 balance Credit 3,300 Finished Goods Debit Credit Beginning balance L 328,300x 19 Ending balance 328,300 Manufacturing Overhead Cost of Goods Sold Debit Credit Debit Credit Beginning Beginning balance balance b. 7,000 129,300 0 19- 18,300 h d 125,000 Ending balance 21,000 Required Ending balance Required 2 > 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. $76,200 in raw materials were purchased for cash. b. $72,900 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 $152,700 were incurred and paid. Of this amount, $134,400 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 $129,300 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. 2. Determine the adjusted cost of goods sold for the period. Answer is not complete. Complete this question by entering your answers in the tabs below. Required Required 2 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold 350,100 < Required 1