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Larned Corporation recorded the following transactions for the just completed month a. 574.000 in raw materials were purchased on account b. $72,000 in raw materials

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Larned Corporation recorded the following transactions for the just completed month a. 574.000 in raw materials were purchased on account b. $72,000 in raw materials were used in production of this amount, $62,000 was for direct materials and the remainder was for indirect materials c. Total tabor wages of S124,500 were paid in cash Of this amount, 5103.000 was for direct labor and the remainder was for indirect d. Depreciation of $195.000 was incurred on factory equipment labor ces 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.)

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