Larned Corporation recorded the following transactions for the just completed month a. $76,000 in raw materials were purchased on account. b. $74,000 in raw materials were used in production of this amount $61,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of 5111,500 were paid in cash, of this amount, $100,700 was for direct labor and the remainder was for Indirect labor d. Depreciation of $194,000 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 is Journal entry worksheet