Consider the following transactions for thejust completed month. a. $75,000 in raw materials were purchased on account. b. $73,000 in raw materials were used in production. Of this amount, $59,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $116,500 were paid in cash. Of this amount, $103,800 was for direct labor and the remainder was for indirect labor d. Depreciation of $193,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "Nojournal entry required" in the first account field.) View transaction list $75,000 in raw materials were purchased on account. $73,000 in raw materials were used in production. Of this amount, $59,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $116,500 were paid in cash. Of this amount, $103,800 was for direct labor and the remainder was for indirect labor. Depreciation of $193,000 was incurred on factory equipment. Note : . = journal entry has been entered Record entry Clear entry View general journal Journal entry worksheet $75,000 in raw materials were purchased on account. Note: Enter debits before credits. Journal entry worksheet $73,000 in raw materials were used in production. Of this amount, $59,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Journal entry worksheet Total labor wages of $116,500 were paid in cash. Of this amount, $103,800 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Journal entry worksheet Depreciation of $193,000 was incurred on factory equipment. Note: Enter debits before credits