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. $76,000 in raw materials were purchased for cash. b. $72,600 in raw materials were used in production of this amount, $66,000 was for direct materials and the remainder was for indirect materials, c. Total labor wages of $150,300 were incurred and paid. Of this amount, $134,200 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $125,800 were incurred and paid. e. Manufacturing overhead of $126,500 was applied to production using the company's predetermined overhead rate. f. 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. Required 1 Required 2 Post the above transactions to T-accounts. Cash Raw Materials 76,000 Beg. Bal. 72,600 Beg. Bal. End. Bal 3,400 End. Bal. Finished Goods 326,700 326,700 Beg. Bal. Beg. Bal. Work in Process 66,000 326,700 134,200 126,500 End. Bal End. Bal. Cost of Goods Sold Manufacturing Overhead 326 Beg. Bal Beg. Bal End. Bal End. Bal. Required 2