Larned Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $71,000 in raw materials were used in production. Of this amount, $62,000 was for direct materlals and the remainder was for indirect materials. c. Total labor wages of $112,000 were poid in cash, Of this amount, $101,000 was for direct labor and the remainder was for indirect labor: d. Depreclation of $175,000 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 flrst account field.)