Larned Corporation recorded the following transactions for the just completed month.

Brief Exercise 2-4 Prepare Journal Entries [LO4] 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 requisitioned for use in production. Of this amount, $61,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $121,000 were incurred. Of this amount, $104,600 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $197,000 were incurred. Required:

Record the above transactions in journal entries. (Omit the "$" sign in your response.)

 

	General Journal	Debit	Credit
a.	Raw materials
	Accounts payable
b.	Work in process
	Manufacturing overhead
	Raw materials
c.	Work in process
	Manufacturing overhead
	Wages payable
d.	Manufacturing overhead
	Various accounts