a. $74,000 in raw materials were purchased on account b. $72,000 in raw materials were used in production of this amount $60,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $118,000 were paid in cash of this amount, $102,100 was for direct labor and the remainder was for Indirect labor d. Depreciation of $196,000 was incurred on factory equipment Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) View transaction list Journal entry worksheet $72,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Total labor wages of $118,000 were paid in cash. Of this amount, $102,100 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction General Journal Debit Credit al entry worksheet