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Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories. indirect materials. a. $75,600 in raw materials were

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Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories. indirect materials. a. $75,600 in raw materials were purchased for cash. b. $72,300 in raw materials were used in production of this amount, $67,000 was for direct materials and the remainder was for c. Total labor wages of $151,400 were incurred and paid of this amount, $134,500 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $126,000 were incurred and paid. e. Manufacturing overhead of $124.200 was applied to production using the company's predetermined overhead rate. 1. All of the jobs in process at the end of the month were completed. 9. All of the completed jobs were shippld 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 adjusted cost of goods sold for the period

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