Check Exercise 3-2 (Algo) Prepare T-Accounts (L03-2, 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. $76,500 in raw materials were purchased for cash, b. $72,000 in raw materials were used in production of this amount, $65,200 was for direct materials and the remainder was for Indirect materials c. Total tabor wages of $150,900 were incurred and pold, or this amount, $134,100 was for direct labor and the remainder was for Indirect labor d. Additional manufacturing overhead costs of $126,500 were incurred and pald. e Manufacturing overhead of $120100 was applied to production using the company's predetermined overhead rato. All of the jobs in process at the end of the month were completed 9. All of the completed jobs were shipped to customers n. Any underapplied or overapplied overhead for the period was closed to cost of Goods Sold. Required: 1. Post the above transactions to accounts 2. Determine the adjusted cost of goods sold for the period Complete this question by entering your answers in the tabs below. Post the above transactions to T-accounts. Cash Raw Materials Credit Credit Debit Beginning Balance Debit Beginning Balance Ending Balance Ending Balance Work in Process Finished Goods Credit Credit Dobit Beginning Balance Dobit Beginning Balance Ending Balance Ending Balance Cost of Goods Sold Manufacturing Overhead Debit Credit Debit Credit Seved He led Homework Beginning Balance Beginning Balance Ending Balance Ending Balance Cost of Goods Sold Manufacturing Overhead Debit Beginning Balance Credit Credit Debit Beginning Balance Ending Bad Ending Blanco Required 2 By 13 Hit Next > MacBook Air 30 AT & 7 3 5 8 W E R Y U S D F G H J K L