Question: a . Purchased $ 7 5 , 0 0 0 in raw materlals for cash. b . $ 7 2 , 3 0 0 in
a Purchased $ in raw materlals for cash.
b $ in raw materlals were used in production. Of this amount, $ was direct materlals and the remainder was indirect
materials.
c Pald employees $ cash. Of this amount, $ was direct labor and the remainder was indirect labor.
d Pald $ for additional manufacturing overhead costs.
e Appled manufacturing overhead of $ 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 overappled overhead was closed to Cost of Goods Sold.
Required:
Post the above transactions to T accounts.
Calculate the adjusted cost of goods sold for the period.
Complete this question by entering your answers in the tabs below.
Post the above transactions to T accounts.
Jurvin Enterprises is a manufacturing company with no beginning inventorles. A subset of the transactions it recorded during a recent
month is shown below.
a Purchased $ in raw materlals for cash.
b $ in raw materlals were used in production. Of this amount, $ was direct materlals and the remainder was indirect
materials.
c Pald employees $ cash. Of this amount, $ was direct labor and the remainder was indirect labor.
d Pald $ for additional manufacturing overhead costs.
e Applied manufacturing overhead of $ 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:
Post the above transactions to Taccounts.
Calculate the adjusted cost of goods sold for the perlod.
Complete this question by entering your answers in the tabs below.
Calculate the adjusted cost of goods sold for the period.
Adjusted cost of goods sold S ox i NEED HELP FILLING IN THE ONES THAT HAVE RED X ON THEM. I AM HAVING A HARD TIME WITH THEM. MAKE SURE YOU ANSWER THOSE TO
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