Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the...
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Accounting
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during recent month is shown below. Indirect materials 2. $76,500 in raw materials were purchased for cash. 6.971300 in raw materials were used in production of this amount. $66,200 was for direct materials and the remainder was for c. Total labor wages of $150,000 were incurred and paid. Of this amount. $133,000 was for direct labor and the remainder waskor indirect labor d. Additional manufacturing overhead costs of $125,700 were incurred and paid. e. Manufacturing overhead of $121,800 was applied to production using the company's predetermined overhead rate. 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. 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 Credit Credit Debit Beginning Balance Debit Beginning Balance a 76,500 Ending Balance Ending Balance 76,500 aces Work in Process Finished Goods Credit Debit Beginning Blanco Credit Debit Beginning Balance Ending Balance Ending Balance Cost of Goods Sold Manufacturing Overhead Debit Beginning Balance Credit Credit Debit Beginning Balance Ending Balance Ending Balance Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold



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