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Larned Corporation recorded the following transactions for the just completed month. a. $84,000 in raw materials were purchased on account. b. $82,000 in raw materials

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Larned Corporation recorded the following transactions for the just completed month. a. $84,000 in raw materials were purchased on account. b. $82,000 in raw materials were used in production. Of this amount, $75,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $114,500 were paid in cash. Of this amount, $104,200 was for direct labor and the remainder was for indirect labor. d. Depreciation of $192,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet 1 4 Total labor wages of $114,500 were paid in cash. Of this amount, $104,200 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits

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