a. $76,000 in raw materials were purchased for cash. b. $72,700 in raw materials were used in production. Of this amount, $66,700 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $153,000 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 $126,100 were incurred and paid. e. Manufacturing overhead of $124,700 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the above transactions to T-accounts. Post the above transactions to T-accounts. Cash Debit Beginning balance Ending balance Beginning balance b. C. e. Ending balance Debit Debit Beginning balance Work in Process 66,700 134,400 124,700 325,800 Manufacturing Overhead Credit Beginning balance 76,000 a. a. 153,000 c. 126,100 d. 355,100 Credit Credit Ending balance Raw Materials Debit Credit 76,000 72,700 3,300 Finished Goods Debit Credit Beginning balance g. Ending balance Cost of Goods Sold Debit Credit Beginning balance f. h. b. C. 6,000 18,600 d. 126,100 Ending balance 150,700 Ending balance < Required 1 Required 2 > 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