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. $71,600 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 $152,200 were incurred and paid. Of this amount, $133,800 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $125,900 were incurred and paid. e. Manufacturing overhead of $126,900 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. Cash Raw Materials Debit Credit Debit Credit Beginning Balance Beginning Balance a. 75,400 72,600 75,400 a. 152,200 C. 125,900 d. Ending Balance 353,500 Ending Balance 2,800 Work in Process Finished Goods Debit Credit Debit Credit Beginning Balance b. Beginning Balance f. 326,700 f. 326,700 326,700 g. C. 66,000 133,800 126,900 e. Ending Balance Ending Balance Cost of Goods Sold Debit Credit Beginning Balance Manufacturing Overhead Debit Credit Beginning Balance b. 5,600 126,900 e. C. 18,400 23,000 h. d. 125,900 g. 326,700 h. 23,000 Ending Balance Ending Balance 349,700 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 $ 347,700