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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

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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. $76,900 in raw materials were purchased for cash b. $72,900 in raw materials were used in production of this amount, $66,700 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, $133,900 was for direct labor and the remainder was for Indirect labor d. Additional manufacturing overhead costs of $126,200 were incurred and paid. e Manufacturing overhead of $123,700 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 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 Required 2 Required 1 Required 2 Post the above transactions to T-accounts. THE Cash Raw Materials 76,900 10 Beg Bal. Beg. Bal 72,900 76,900 152,200 126,200 End. Bal 355,300 End. Bal 4,000 Finished Goods 324,300 324,300 Beg. Bal Beg. Bal. Work In Process 66,700 133,900 123,700 324,300 nces End. Bal End. Bal + Manufacturing Overhead 66.700 Cost of Goods Sold 324,300 Beg Bal Beg Bal 126,200 End Bal 192,900 End. Bal 324,300 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 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold (Required 1 Required 2

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