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 $94.000 in raw materials were purchased for cash. b. $89,000 in raw materials were used in production. Of this amount, $78,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $132,000 were incurred and paid. Of this amount, $112,000 was for direct labor and the remainder was for d. Additional manufacturing overhead costs of $143,000 were incurred and paid. e Manufacturing overhead of $152,000 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. indirect labor ces Required: 1. Post the above transactions to T-accounts 2. Determine the adjusted cost of goods sold for the period. Required 1 Required 2 Raw Materials Post the above transactions to T-accounts. Cash Debit Credit Beginning Balance 132,000 a. 143,000 d. Credit Debit Beginning Balance 0 94,000 a 78,000 16,000 fb. Ending Balance 275,000 Ending Balance Work in Process Finished Goods Credit Debit Credit Debit Beginning Balance Beginning Balance 342.000 112.000 152.000 Ending Balance 78,000 Ending Balance Cost of Goods Sold Credit Manufacturing Overhead Debit Credit Beginning Balance 20.000 22,000 143,000 Debit Beginning Balance Ending Balance 141,000 Ending Balance Required 2