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a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) The following data were taken from the records of

a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) image text in transcribed
The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. Raw Materials Inventory 7/1/19 Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 Work in Process Inventory 7/1/19 Work in Process Inventory 6/30/20 Direct Labor Indirect Labor Accounts Receivable $51,600 45,500 99,100 22,300 29,600 28,100 145,750 26,660 35,400 $5,200 17,900 31,100 9,450 557.100 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash 5,000 65,300 9,710 2,200 99,000 39.400

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