Jurvin Enterprises is a manufacturing company that had no beginning Inventorles. A subset of the transactions that it recorded during a recent month is shown below.

a$.$ $$75,100$ in raw materlals were purchased for cash.

b$.$ $$71,500$ in raw materlals were used in production. Of this amount, $$65,100$ was for direct materials and the remalnder was for Indirect materlals.

c$.$ Total labor wages of $$151,700$ were Incurred and pald. Of this amount, $$134,300$ was for direct labor and the remainder was for Indirect labor.

d$.$ Additional manufacturing overhead costs of $$126,700$ were Incurred and pald.

e$.$ Manufacturing overhead of $$126,500$ 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 shlpped to customers.

h$.$ Any underapplied or overapplied overhead for the perlod was closed to Cost of Goods Sold.

Requlred:

Post the above transactions to T$-$accounts.

Determine the adjusted cost of goods sold for the perlod.

Complete this question by entering your answers in the tabs below.

Determine the adjusted cost of goods sold for the period.

Adjusted cost of goods sold