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. $75,800 in raw materials were purchased for cash. b. $71,000 in raw materials were used in production. Of this amount, $65,400 was for direct materials and the remainder was for indirect materials. C. Total labor wages of $152,400 were incurred and paid. Of this amount, $133,100 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $126,600 were incurred and paid. e. Manufacturing overhead of $128,500 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. Post the above transactions to T-accounts. Cash Raw Materials 75,8001 Beg. Bal. Beg. Bal. 75,8001 152,400 C. 7,100 b. End. Bal. 228,200 End. Bal. 68.700 Work in Process Finished Goods Beg. Bal. 65,400 Beg. Bal. C. 133,100 327,000 327,000 f. e 128,500 327,000 f. End. Bal. End. Bal. Cost of Goods Sold Beg. Bal. Manufacturing Overhead 5,600 19,300 Beg. Bal. c. 327,000 d. 126,100 128,500 e. g. End. Bal. 22,500 End. Bal. 327,000