Larned Corporation recorded the following transactions for the just completed month a. $74,000 in raw materials were purchased on account. b. $72,000 in raw materials were requisitioned for use in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $110,500 were incurred. Of this amount, $103,700 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $192,000 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 2 4 $74,000 in raw materials were purchased on account. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal