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

$75,000 in raw materials were purchased on account.
$73,000 in raw materials were used in production. Of this amount, $58,000 was for direct materials and the remainder was for indirect materials.
Total labor wages of $113,000 were paid in cash. Of this amount, $104,300 was for direct labor and the remainder was for indirect labor.
Depreciation of $194,000 was incurred on factory equipment.

Required:
Record the above transactions in journal entries.

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.