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Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $71,000 in raw materials

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Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $71,000 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 $112,000 were paid in cash. Of this amount, $101,000 was for direct labor and the remainder was for indirect. labor. d. Depreciation of $175,000 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.) Journal entry worksheet Note: Enter debits before credits. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry requir the first account field.) Journal entry worksheet $80,000 in raw materials were purchased on account. Note: Enter debits before credits: Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, se the first account field.) Journal entry worksheet $71,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry rec the first account field.) Journal entry worksheet Total labor wages of $112,000 were paid in cash. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, se) the first account field.) Journal entry worksheet Depreciation of $175,000 was incurred on factory equipment. Note: Enter debits before credits

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