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Lamed Corporation recorded the following transactions for the just completed month. indirect materials. a. $87,000 in raw materials were purchased on account. b. $85,000 in

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Lamed Corporation recorded the following transactions for the just completed month. indirect materials. a. $87,000 in raw materials were purchased on account. b. $85,000 in raw materials were used in production of this amount, $72,000 was for direct materials and the remainder was for Total labor wages of $111,500 were paid in cash. Of this amount, $101,600 was for direct labor and the remainder was for indirect labor. d. Depreciation of $191,000 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 list Journal entry worksheet 1 2 3 4 $87,000 in raw materials were purchased on account. Note Enter debts before credits Transaction General Journal Debit Credit D. 385,000 in raw materiais were used in production. Ut this amount, /4,000 was for direct matenais ana the remainder was for indirect materials. c. Total labor wages of $111,500 were paid in cash. Of this amount, $101,600 was for direct labor and the remainder was for indirect labor d. Depreciation of $191,000 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 list e Journal entry worksheet 1 2 3 4 $87,000 in raw materials were purchased on account. Note: Enter debits before credits Transaction General Journal Debit Credit R Record entry Clear entry View general journal View transaction list Journal entry worksheet

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