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Lamed Corporation recorded the following transactions for the just completed month. a. $82,000 in raw materials were purchased on account. b. $80,000 in raw materials

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Lamed Corporation recorded the following transactions for the just completed month. a. $82,000 in raw materials were purchased on account. b. $80,000 in raw materials were used in production. Of this amount, $69,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $106,500 were paid in cash. Of this amount, $104,200 was for direct labor and the remainder was for indirect labor. d. Depreciation of $190,000 was incurred on factory equipment. I Required: Record the above transactions in journal entries. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) Journal entry worksheet 1. $82,000 in raw materials were purchased on account. 2. $80,000 in raw materials were used in production. of this amount, $69,000 was for direct materials and the remainder was for indirect materials. 3. Total labor wages of $106,500 were paid in cash. Of this amount, $104,200 was for direct labor and the remainder was for indirect labor. 4. Depreciation of $190,000 was incurred on factory equipment

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