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Wilmington Company manufactures various machined parts to customer specifications. For the most recent month, Wilmington Company recorded the following transactions: a. Raw materials of $76,000

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Wilmington Company manufactures various machined parts to customer specifications. For the most recent month, Wilmington Company recorded the following transactions: a. Raw materials of $76,000 were purchased on account b. Raw materials of $74,000 were used in production of this amount, $62,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $117,000 were paid in cash of this amount, $101.400 was for direct labor and the remainder was for indirect labor d. Depreciation incurred on factory equipment was $200,000 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 list Journal entry worksheet

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