Exercise 5-4 Prepare Journal Entries [LO4] Lancaster Company recorded the following transactions for the just-completed month: a. $45,900 in raw materials was purchased on account. b. $129,500 in raw materials was requisitioned for use in production. Of this amount, $73,600 was for direct materials and the remainder was for indirect materials. c. Total labour wages of $217,400 were incurred. Of this amount, $187,050 was for direct labour and the remainder was for indirect labour. d. Additional manufacturing overhead costs of $195,750 were incurred. Required: Record the above transactions in journal entries. (If no entry is required for a tronsaction/event, select "No journal entry required" in the first account field.)