Check my wor 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. $75,000 in raw materials were purchased for cash. b. $72,000 in raw materials were used in production. Of this amount, $65,800 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $150,400 were incurred and paid. Of this amount, $134,100 was for direct labor and the remainder was for indirect labor e. Manufacturing overhead of $126,100 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. 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. 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 Post the above transactions to T-accounts.
Po st the above transactions to T-accounts. als Beg. Bal. Beg. Bal. End. Bal. End. Bal in Finished Goods Beg. Bal. Beg. Bal. End. Bal. End. Bal. Manufacturing Overhead Cost of Goods Sold Beg. Bal. Beg. Bal he End. Bal. End. Bal.
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. justed cost of goods sold K Required 1 Required 2> K Prev7 of 11 Next >
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