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. $76.500 in raw materials were purchased for cash, b. $71300 in raw materials were used in production of this amount, $66.600 was for direct materials and the remainder was for indirect materials c. Total labor wages of $152,500 were incurred and paid. Of this amount, $134,000 was for direct labor and the remainder was for d. Additional manufacturing overhead costs of $125,700 were incurred and pald. e Manufacturing overhead of $125,700 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 Answer is not complete. Complete this question by entering your answers in the tabs below Required 1 Required 2 Cash Raw Materials Debit Credit Debit Credit Beginning Balance 76,500 Beginning Balance 76,500 71,100 152,500 125,700 Ending Balance 354,700 Ending Balance 5,400 Work in Process Finished Goods Debit Credit Debit Credit Beginning Balance Beginning Balance 326,300 326,300 66,600 134,000 125 700 326,300 Ending Balance Ending Balance Cost of Goods Sold Dobit Credit Beginning Balance Manufacturing Overhead Debit Credit 4,500 125,700 18,500 125,700 28,400 3 Beginning Balance 326,300 28.400 C D am C D 16 indirect matenals. c. Total labor wages of $152,500 were incurred and paid of this amount, $134,000 was for direct labor and the remainder was for Indirect labor d. Additional manufacturing overhead costs of $125,700 were incurred and pald. e. Manufacturing overhead of $125,700 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. g. All of the completed jobs were shipped to customers. h. Any underapplled 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. Answer is not complete 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