Chapter 3 G Hel Saved Larned Corporation recorded the following transactions for the just completed month. a. $84,000 In raw materlals were purchased on account. b. $82,000 In raw materlals were used In production. Of this amount, $71,000 was for direct materlals and the remalnder was for 10 points Indirect materials Sklpped C. Total labor wages of $114,500 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor d. Depreclation of $198,000 was Incurred on factory equipment. eBook Required Record the above transactions In Journal entries. (If no entry is requlred for a transaction/event, select "No Journal entry required" In the first account fleld.) References View transaction list Journal entry worksheet $84,000 in raw materials were purchased on account. Mc Graw Hill Prev1 of 5 Next >