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Help Save & Exit 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. $63,000 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $125,000 were paid in cash Of this amount, $103.900 was for direct labor and the remainder was for indirece labor d. Depreciation of $196,000 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 list Journal entry worksheet 1 2 3 > $76,000 in raw materials were purchased on account Prey 1 of 4 Next View transaction list Journal entry worksheet