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.

1. $76,200 in raw materials were purchased for cash.
2. $71,300 in raw materials were used in production. Of this amount, $66,900 was for direct materials and the remainder was for indirect materials.
3. Total labor wages of $150,400 were incurred and paid. Of this amount, $134,400 was for direct labor and the remainder was for indirect labor.
4. Additional manufacturing overhead costs of $126,900 were incurred and paid.
5. Manufacturing overhead of $124,300 was applied to production using the companys predetermined overhead rate.
6. All of the jobs in process at the end of the month were completed.
7. All of the completed jobs were shipped to customers.
8. Any underapplied or overapplied overhead for the period was closed to Cost of Goods Sold.

1 1 Cash Raw Materials Beg Bal Beg. Bal a 76.400 66,900 X b. 76,200 a 134.400 X c. 126 900 d. 25 points End. Bal 337,500 End. Bal. 9,500 Work in Process Finished Goods Beg Bal Beg Bal b 328,200 X 328 200 X 328,200 1. C OOO 66.900 134,400 126.900 X e End. Bal End Bal Manufacturing Overhead Cost of Goods Sold Beg Ral Beg Bal b. e h ic 9.500 X 16 000 126.900 HH Next >