Granger Products recorded the following transactions for the just completed month. The company had no beginning inventories.

a$.$ $$75,000$ in raw materials were purchased for cash.

b$.$ $$73,000$ in raw materials were requisitioned for use in production. Of this amount, $$67,000$

was for direct materials and the remainder was for indirect materials.

c$.$ Total labor wages of $$152,000$ were incurred and paid. Of this amount, $$134,000$ was for

direct labor and the remainder was for indirect labor.

d$.$ Additional manufacturing overhead costs of $$126,000$ were incurred and paid.

e$.$ Manufacturing overhead costs of $$178,000$ were applied to jobs using the company$$s prede$-$

termined overhead rate.

f$.$ All of the jobs in progress at the end of the month were completed and shipped to customers.

g$.$ Any underapplied or overapplied overhead for the period was closed out to Cost of Goods Sold.

Required:

$1.$ Post the above transactions to T$-$accounts.

$2.$ Determine the cost of goods sold for the period. $($ i need solution to be clear in pepare please $)$