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Check my wo Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent
Check my wo 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. 3. $76,900 in raw materials were purchased for cash. b. $71200 in raw materials were used in production of this amount, $65.400 was for direct materials and the remainder was for c. Total labor wages of $152,500 were incurred and paid of this amount, S134,900 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $125,600 were incurred and paid. e Manutacturing overhead of $121,000 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. 9. 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. rence Complete this question by entering your answers in the tabs below. Post the above transactions to T-accounts Cash Beg bal Raw Materials Beg bal Endbal End, bal Work in Process Finished Goods Beg bal Bog, bol End Dal End bal. Manufacturing Overhead Cost of Goods Sold Bog. bal Beg bal End, bal End, bal 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
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