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. $75,400 in raw materials were purchased for cash. b. $71,300 in raw materials were used in production. Of this amount, $65,100 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $151,700 were incurred and paid. Of this amount, $135,000 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $125,400 were incurred and paid. e. Manufacturing overhead of $124,300 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. 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. Required 1 Required 2 Post the above transactions to T-accounts. Debit Beginning Balance Ending Balance Cash Credit Debit Beginning Balance 0 75,400 a. 151,700 c. a. 125,400 d. 352,500 Work in Process Debit Credit Beginning Balance b. C. e. Ending Balance Ending Balance Debit 0 Beginning Balance 65,100 324,400 f. f. 135,000 124,300 Ending Balance Raw Materials Credit 0 75,400 71,300 b. 4,100 Finished Goods Credit 0 324,400 324,400 g. Debit Beginning Balance b. C. d. Manufacturing Overhead Credit Debit 0 Beginning Balance 6,200 124,300 e. g. 16,700 h. h. 125,400 Ending Balance 24,000 Ending Balance Required 1 Cost of Goods Sold 324,400 24,000 348,400 Required 2 > Credit Required 1 Required 2 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold $ 348,400 < Required 1 Required 2 >