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. Indirect labor a. $75,700 in raw materials were purchased for cash. b. $72,300 in raw materials were used in production of this amount $67,000 was for direct materials and the remainder was for indirect materials c. Total lobor wages of $152,200 were incurred and paid. Of this amount, $133,600 was for direct labor and the remainder was for d. Additional manufacturing overhead costs of $125,700 were incurred and pold. e Manufacturing overhead of $126,600 was applied to production using the company's predetermined overhead rate. t. 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. Check my work Cash Raw Materials Credit Credit Debit Beginning balance Debit Beginning balance Ending balance Ending balance Work in Process Finished Goods Debit Beginning balance Credit Debit Beginning balance Credit Ending balance Ending balance Manufacturing Overhead Debit Beginning balance Cost of Goods Sold Credit Debit Beginning balance Credit Ending balance Ending balance 27 tv ON