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Post the above transactions to T-accounts. 1. Post the above transactions to T-accounts. 2. Calculate the adjusted cost of goods sold for the period. Complete

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Post the above transactions to T-accounts. 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 tal Calculate the adjusted cost of goods sold for the period. Jurvin Enterprises is a manufacturing company with no beginning inventories. A subset of the transactions it recorded during a re month is shown below. a. Purchased $76,700 in raw materials for cash. b. $72,600 in raw materials were used in production. Of this amount, $65,800 was direct materials and the remainder was indire materials. c. Paid employees $152,700 cash. Of this amount, $133,100 was direct labor and the remainder was indirect labor. d. Paid $126,300 for additional manufacturing overhead costs. e. Applied manufacturing overhead of $122,700 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. \begin{tabular}{|l|l|l|l|} \hline Boginning balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Required 2

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