a $74,000 in raw materials were purchased on account. b. $72,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $127,500 were paid in cash Of this amount, $104,400 was for direct labor and the remainder was for indirect labor d. Depreciation of $192,000 was incurred on factory equipment a $74,000 in raw materials were purchased on account. b. $72,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $127,500 were paid in cash Of this amount, $104,400 was for direct labor and the remainder was for indirect labor d. Depreciation of $192,000 was incurred on factory equipment