Larned Corporation recorded the following transactions for the just completed month a. $78,000 in raw materials were purchased on account. b. $76,000 in raw materials were used in production. Of this amount, $66,000 was for direct materials and the remainder was for 10 points indirect materials c. Total labor wages of $124,000 were paid in cash. Of this amount, $100,300 was for direct labor and the remainder was for indirect labor d. Depreciation of $197,000 was incurred on factory equipment. eBook Hint 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.) Print References View transaction list View journal entry worksheet No Transaction General Journal Debit Credit a. Raw materials 78,000 Accounts payable 78,000 Work in process Manufacturing overhead 66,000 10,000 Raw materials 76,000 C. Work in process Manufacturing overhead 4 Manufacturing overhead 197,000