Jurvin Enterprises recorded the following transactions for the just completed mo

Jurvin Enterprises recorded the following transactions for the just completed month. The companyhad no beginning inventories.a. $94000 in raw materials were purchased for cash.b. $89000 in raw materials were requisitioned for use in production. Of this amount $78000was for direct materials and the remainder was for indirect materials.c. Total labour wages of $132000 were incurred and paid. Of this amount $112000 was fordirect labour and the remainder was for indirect labour.d. Additional manufacturing overhead costs of $143000 were incurred and paid.e. Manufacturing overhead costs of $152000 were applied to jobs using the companys predeterminedoverhead rate.f. All of the jobs in progress at the end of the month were completed and shipped to customers.g. The underapplied or overapplied overhead for the period was closed out to Cost of Goods Sold.Required:1. Post the above transactions to T-accounts.2. Determine the cost of goods sold for the period.