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Exerclse 3-2 Prepare T-Accounts [LO3-2, LO3-4] Jurvin Enterprises is a manufacturing company that had no beginning Inventorles. A subset of the transactions that it recorded

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Exerclse 3-2 Prepare T-Accounts [LO3-2, LO3-4] Jurvin Enterprises is a manufacturing company that had no beginning Inventorles. A subset of the transactions that it recorded during a recent month Is shown below a. $76,900 In raw materials were purchased for cash. b $72.700 in raw materials were used in production. Of this amount, s65,700 was for direct materials and the remainder was for Indirect materials. C. Total labor wages of $151.00 were incurred and paid. Of this amount, S134300 was for direct labor and the remainder was for Indlrect labor d Additional manufacturing overhead costs of $126,800 were Incurred and paid. e Manufacturing overhead of $124,600 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 overheed for the perlod 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 perlod. Complete this question by entering your answers in the tabs below Required 2 Required 1 Post the above transactions to T-accounts. Beg. Bal Beg Bal End Bal End Bal

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