Question: I need help with letter H, and I need help finding the adjusted cost of goods sold for the required 2. Jurvin Enterprises is a


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. a. $75,800 in raw materials were purchased for cash. b. $72,600 in raw materials were used in production. Of this amount, $65,600 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $151,800 were incurred and paid. Of this amount, $134,000 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $125,400 were incurred and paid. e Manufacturing overhead of $122,200 was applied to production using the company's predetermined overhead rate. f. 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. Required: 1. Post the above transactions to Taccounts. 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 Cash Raw Materials Beg. bal. Beg. bal. a. 75,800 72.600 b. 75,800 a. 151.800. 125,400 d. 353,000 End. bal. 3,200 End. bal. Work in Process Finished Goods Beg. bal. Beg bal 321,800 1. g 321,800 321,8009 c. 65,600 134,000 122,200 e End. bal. End, bal. Manufacturing Overhead Cost of Goods Sold Beg. bal. Beg bal. 9 b 122,200 e 321,800 c. d. 7.000 17,800 125,400 End. bal. 28,000 End, bal 321,800 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. Indirect materials. a. $75,800 in raw materials were purchased for cash. 6. $72.600 in raw materials were used in production of this amount $65.600 was for direct materials and the remainder was for c. Total labor wages of $151,800 were incurred and paid. Of this amount, $134,000 was for direct labor and the remainder was for Indirect labor d. Additional manufacturing overhead costs of $125,400 were incurred and paid. e. Manufacturing overhead of $122,200 was applied to production using the company's predetermined overhead rate. f. 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. Required: 1. Post the above transactions to T-accounts. 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 Determine the adjusted cost of goods sold for the period. Adjusted cost of goods sold
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