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.

1. $76,000 in raw materials were purchased for cash.
2. $71,200 in raw materials were used in production. Of this amount, $66,600 was for direct materials and the remainder was for indirect materials.
3. Total labor wages of $150,300 were incurred and paid. Of this amount, $133,500 was for direct labor and the remainder was for indirect labor.
4. Additional manufacturing overhead costs of $125,900 were incurred and paid.
5. Manufacturing overhead of $119,300 was applied to production using the companys predetermined overhead rate.
6. All of the jobs in process at the end of the month were completed.
7. All of the completed jobs were shipped to customers.
8. 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

Post the above transactions to T-accounts. Cash Raw Materials Debit Credit Debit Credit Beginning Balance Beginning Balance 76,000 a. a. 760,000 71,200 b. 150,300 C. 125,900 d. Ending Balance 352,200 Ending Balance 688,800 Work in Process Finished Goods Debit Credit Debit Credit Beginning Balance b. Beginning Balance f. 66,000 133,500 c. . e. 119,300 Ending Balance 318,800 Ending Balance Cost of Goods Sold Credit Credit Manufacturing Overhead Debit Beginning Balance b. Debit Beginning Balance c. d. Ending Balance Ending Balance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold