Lared Corporation recorded the following transactions for the just completed month. a $87,000 in raw materials were purchased on account. b.$85,000 in raw materials were requisitioned for use in production of this amount, $70,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $110,500 were incurred. Of this amount, $103,600 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $191,000 were incurred. Required: Record the above transactions in joumal 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 Total labor wages of $110,500 were incurred. Of this amount, $103,600 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits Transaction General Journal Debit Credit C Record entry Clear entry View general journal Larned Corporation recorded the following transactions for the just completed month. a $87,000 in raw materials were purchased on account. b.$85,000 in raw materials were requisitioned for use in production. Of this amount, $70,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $110,500 were incurred. Of this amount $103,600 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $191,000 were incurred. 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