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Question 2 - Chapter 3 HW - Cor X + V X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/acti... @ Chapter 3 HW Saved Help Save & Exit Submit Check my
Question 2 - Chapter 3 HW - Cor X + V X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/acti... @ Chapter 3 HW Saved Help Save & Exit Submit Check my work 2 Jurvin Enterprises is a manufacturing company that had no beginning Inventories. A subset of the transactions that It recorded during a recent month is shown below. 16.66 points a. $75,500 In raw materials were purchased for cash. b. $72,600 in raw materials were used in production. Of this amount, $66,600 was for direct materials and the remainder was for Indirect materials. c. Total labor wages of $150,900 were incurred and paid. Of this amount, $133,900 was for direct labor and the remainder was for Book Indirect labor. d. Additional manufacturing overhead costs of $126,400 were Incurred and paid. e. Manufacturing overhead of $129,400 was applied to production using the company's predetermined overhead rate. Hint 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 for the period was closed to Cost of Goods Sold. Print Required: 1. Post the above transactions to T-accounts. References 2. Determine 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 Raw Materials Debit Credit Debit Credit Beginning balance Beginning balance 75.500 3. Mc Graw Hill 9 8:44 PM 2/2/2022 2Question 2 - Chapter 3 HW - Cor X + V X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/acti... Q Chapter 3 HW Saved Help Save & Exit Submit Check my work 2 Post the above transactions to T-accounts. Cash Raw Materials 16.66 Debit Credit Debit Credit points Beginning balance Beginning balance 75,500 3 Book Ending balance 75.500 Ending balance Hint Work in Process Finished Goods Debit Credit Debit Credit Print Beginning balance Beginning balance n References Ending balance Ending balance Manufacturing Overhead Cost of Goods Sold Debit Credit Debit Credit Beginning balance Beginning balance Ending balance Ending balance Mc Graw Hill 9 8:45 PM 2/2/2022 2
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