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.$*$ $$76,600$ in raw materials were purchased for cash.$*$ $$71,800$ in raw materials were used in production. Of this amount, $$65,500$ was for direct materials and the remainder was for indirect materials.$*$ Total labor wages of $$152,000$ were incurred and paid. Of this amount, $$133,400$ was for direct labor and the remainder was for indirect labor.$*$ Additional manufacturing overhead costs of $$126,900$ were incurred and paid.$*$ Manufacturing overhead of $$130,800$ was applied to production using the companys predetermined overhead rate.$*$ All of the jobs in process at the end of the month were completed.$*$ All of the completed jobs were shipped to customers.$*$ Any underapplied or overapplied overhead for the period was closed to Cost of Goods Sold.$$Required:$1.$ Post the above transactions to T$-$accounts$\mathrm{.}2.$ Determine the adjusted cost of goods sold for the period.