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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. ok a. $75,700 in raw materials were purchased for cash. .$72.700 in raw materials were used in production of this amount, 566,100 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $150,900 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 $125,700 were incurred and paid. e Manufacturing overhead of $118,300 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 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. int Required: 1. Post the above transactions to T-accounts 2. Determine the adjusted cost of goods sold for the period. ences Complete this question ty entering your answers in the tabs below. Required 1 Required 2 Post the above transactions to T-accounts Cash Raw Materials Credit Credit Debit Beginning balance Det Beginning balance O 72.700 75,700 150.000 Post the above transactions to T-accounts. Cash Raw Materials Credit Credit Debit Beginning balance Debit Beginning balance 0 0 0 72,700 75,700 150.900 125,700 Ending balance 352 300 Ending balance 72,700 Work In Process Finished Goods Credit Credit Debit Beginning balance Debit Beginning balance Ending balance Ending balance Cost of Goods Sold Manufacturing Overhead Debit Beginning balance Credit Credit Debit Beginning balance Ending balance Ending balance 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 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold

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