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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

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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. $76,800 in raw materials were purchased for cash b. $72,600 in raw materials were used in production. Of this amount, $65,600 was for direct materials and the remainder was for indirect materiais c. Total labor woges of $151,200 were incurted and paid. Of this amount, $134,400 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $125,30 were incurred and paid. e. Manufacturing overhead of $125,100 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. 9. All of the completed jobs were shipped to customers h. Any underapplied or overapplied overhead for the period was ciosed 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 Traccounts: Determine the adjusted cost of goods sold for the period

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