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 $75,100 in raw materials for cash. b. $71,300 in raw materials were used in production. Of this amount, $65,500 was direct materials and the remainder was indirect materials. c. Paid employees $152,500 cash. Of this amount, $134,700 was direct labor and the remainder was indirect labor. d. Paid $126,000 for additional manufacturing overhead costs. e. Applied manufacturing overhead of $120,600 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: 1. Post the above transactions to T-accounts. 2. Calculate 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 Debit Beginning balance a. b. Ending balance Debit Beginning balance b. d. Ending balance Debit Beginning balance d. Credit 0 75,100 152,500 126,000 c. 101,600 Work in Process Credit 71,300 120,600 120,600 e. 71,300 Manufacturing Overhead 120,600 Credit Raw Materials Debit Credit Beginning balance 0 a. 75,100 Ending balance 3,800 71,300 b. Finished Goods Debit Credit Beginning balance e. 126,000 Ending balance Beginning balance e. Debit 126,000 Cost of Goods Sold 120,600 Ending balance 120,600 Ending balance 120,600 Credit