Lamed Corporation recorded the following transactions for the just completed month a $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production of this amount, $58,000 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $110,000 were paid in cash Of this amount, $103,300 was for direct labor and the remainder was for indirect labor d. Depreciation of $197,000 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.) View transaction lit Journal entry worksheet