Exercise 3-2 (Algo) Prepare T-Accounts (LO3-2, LO3-4) 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. a. $76,600 in raw materyals were purchased for cash. b. $71,600 in raw materials were used in production. Of this amount. $66,200 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $152.800 were incurred and paid. of this amount. $133,100 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $126,700 were incurred and paid. e Manufacturing overhead of $121,800 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. Help Post the above transactions to T-accounts. Cash Debit Raw Materials Credit Beginning Balance Debit Beginning Balance Credit ok Ending Balance Ending Balance Work in Process Finished Goods Credit Debit Beginning Balance Credit Debit Beginning Balance es Ending Balance Ending Balance Cost of Goods Sold Manufacturing Overhead Debit Beginning Balance Credit Credit Debit Beginning Balance Ending Balance Ending Balance Required Required 2 > to accounts. 2. Determine the adjusted cost of goods sold for the period. Complete this question by entering your answers in the Required 1 Required 2 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold