Jurvin Enterprises is a manufacturing company with no beginning inventories. A$-$ subset of the transactions it recorded during a recent month is shown below.

a$.$ Purchased $$94,000$ in raw materials for cash.

b$.$ $$89,000$ in raw materials were used in production. Of this amount, $$78,000$ was direct materials and the remainder was indirect materials.

c$.$ Paid employees $$132,000$ cash. Of this amount, $$112,000$ was direct labor$-$and the remainder was indirect labor.

d$.$ Paid $$143,000$ for additional manufacturing overhead costs.

e$.$ Applied manufacturing overhead of $$152,000$ 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 was closed to Cost of Goods Sold.

Required:

Post the above transactions to $T-$accounts.

Calculate the adjusted cost of goods sold for the period.

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