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er 3 Homework + m Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during
er 3 Homework + m 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. $75,000 in raw materials were purchased for cash b. $72,000 in raw materials were used in production. Of this amount $66.900 was for direct materials and the remainder was for indirect materials c. Total labor wages of $150,600 were incurred and paid. Of this amount, $133,700 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $125.000 were incurred and paid. Manufacturing overhead of $123,000 was applied to production using the company's predetermined overhead rate e. 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, Help Save & Exit Check w 2 Complete this question by entering your answers in the tabs below Post the above transactions to accounts D Begiving ne Ending Bance Ending an Cash Ran Mas D De Wire Dabe C Maturing Overhead Dest C Beginning Balance bxding Balance finding ban Ending Barce Fached Good D Credt Cost of Dads S Det Cell 4 2 B Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during recent month is shown below $75,000 in raw materials were purchased for cash b $72.000 in raw materials were used in production. Of this amount, $66,900 was for direct materiels and the remainder was for indirect materials Total labor wages of $150 600 were incurred and paid. Of this amount. $133.700 was for direct labor and the remainder wes for indirect labor d Additional manufacturing overhead costs of $125,000 were incurred and paid e t Manufacturing overhead of $123.000 was applied to production using the company's predetermined overhead rese All of the jobs in process at the end of the month were completed 9 All of the completed jobs were shipped to customers Any underapplied or overepplied overhead for the period was closed to Cost of Goods Sold Required: 1 Post the above transactions to Taccounts 2 Determine the adjusted cost of goods sold for the period Complete this question by entering your answers in the tabs below. Determine the adjusted cost of goods sold for the period
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