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Jurvin Enterprises is a manufacturing compeny that heo no beginning inventories. A subset of the transactions that it recorded during recent month is shown below.
Jurvin Enterprises is a manufacturing compeny that heo no beginning inventories. A subset of the transactions that it recorded during recent month is shown below. indirect labor. a $75.600 in raw materials were purchased for cash. b. $72.400 in raw materials were used in production of this amount, $66,000 was for direct materials and the remainder was for indirect materials. c. Totel labor wages of $150,800 were incurred and paid. Of this amount $133.100 wes for direct labor and the remainder was for c. Additional manufacturing overhead costs of $125.500 were incurred and paid. e Menufacturing overhead of $123,600 was spplied to production using the company's predetermined overhead rete. 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 above transactions to T-accounts. 2. Determine the scjusted 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 Procese Finlahed Goods Beg, bal Beg bal. End, bal End bal. Manufacturing Overhead Coat of Goods Sold Beg. bal Beg bail End. bal. End bal. Heque Required 2 >
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