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. a $75,500 in raw materials were purchased for cash. b. $71,200 in raw materials were used in production of this amount, 566,200 was for direct materials and the remainder was for indirect materials c Total labor wages of $152,200 were incurred and paid. Of this amount, $134.900 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 of $127,300 was applied to production using the company's predetermined overhead rate 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 Required: 1. Post the above transactions to T-accounts. 2. Determine the adjusted cost of goods sold for the period Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the above transactions to T accounts Cashi 0 Beg bal Bog bal Raw Materials 0 75,500 71.2001 75 5000 152.2001 126,000 End 353,700 End bul 4.300 Work in Proces Finished Goods Beg tal Beg bal 36.200 Prey 1 0 0 Next > mework Saved 2 MEIE| E V a Jaktu ta i 45 541 19 VE VE L Complete this question by entering your answers in the tabs below. RequiredRequired 2 Post the above transactions to T-accounts. Beg bal Cash 0 Beg bal Raw Materials 0 75,500 71,200 a 75,500 152 200 126,000 (d. t End, bal 353,700 End bal 4,300 Finished Goods Beg bal Beg bal Work in Process 0 66 200 134 900 127,300 End bal 328,400 End, bal Manufacturing Overhead Cost of Goods Sold Beg bal Beg bal End bal End bal Reguide 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 a $75,500 in raw materials were purchased for cash. 6.871200 in raw materials were used in production of this amount $66,200 was for direct materials and the remainder was for Indirect materials Total labor wages of S152200 were incurred and paid. Of this amount. S134 900 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 of 5127,300 was applied to production using the company's predetermined overhead rate 1. All of the jobs in process at the end of the month were completed 9. 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 Required: 1 Post the above transactions to accounts. 2. Determine the adjusted cost of goods sold for the period 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 Nastud cost of goods sold
