Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials…

Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials…

Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $112,000 were incurred. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $175,000 were incurred. 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 4 $80,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View generat jounal Laned Corporation recorded the following transactions for the just completed month a. $80,000 in raw materials were purchased on account b. $71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $112,000 were incurred. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $175,000 were incurred 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 $71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. General Journal Debit Credit Transaction Lamed Corporation recorded the following transactions for the just completed month a $80,000 in raw materials were purchased on account b. $71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. C. Total labor wages of $112,000 were incurred. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $175,000 were incurred 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 Total labor wages of $112,000 were incurred. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor Note: Enter debits before credits Transaction General Journal Debit Credit C. Lamed Corporation recorded the following transactions for the just completed month a $80,000 in raw materials were purchased on account b. $71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. C. Total labor wages of $112,000 were incurred. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $175,000 were incurred. 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 Additional manufacturing overhead costs of $175,000 were incurred Note: Enter debits before credits. General Journal Debit Credit Transaction d. View general journal

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