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Jurvin Enterprises is a manufacturing company that hed no beginning inventories. A subset of the trensactions that it recorded during recent month is shown below.
Jurvin Enterprises is a manufacturing company that hed no beginning inventories. A subset of the trensactions that it recorded during recent month is shown below. indirect labor. .. $75.600 in raw materials were purchased for cash. 6. $72.900 in raw materials were used in production. Of this amount, $67.000 was for direct materials and the remainder wes for indirect materials Totel labor wages of $150.600 were incurred and paid. Of this amount, $133,700 wes for direct labor and the remainder wes for d. Additional manufacturing overhead costs of $125,300 were incurred and paid. e Manufacturing overhead of $124,100 was applied to production using the company's predetermined overhead rete. 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 closed to cost of Goods Sold. Required: 1. Post the sbove transactions to T-accounts. 2. Determine the adjusted cost of goods sold for the period. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the above transactions to T-accounts. Cash Raw Materials Beg, bal Beg bal End, bal End. bal. Work In Process Finished Goods Beg. bal. Beg. bal. End, bal End. bal. Manufacturing Overhead Cost of Goods Sold Beg, bal Beg. bal End, bal End. bal. (Required Required 2 >
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