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can you help answer a,b and c Prepare a cost of goods manufactured PI.4A (LO 3), AP The following data were taken from the records

can you help answer a,b and c

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Prepare a cost of goods manufactured PI.4A (LO 3), AP The following data were taken from the records of Clarkson Company for the fiscal schedule, a partial income statement, year ended June 30, 2020. and a partial balance sheet. Raw Materials Factory Insurance $ 4,600 Excel Inventory 7/1/19 $ 48.000 Factory Machinery Raw Materials Depreciation 16,000 Inventory 6/30/20 39,600 Factory Utilities 27,600 Finished Goods Office Utilities Expense 8,650 Inventory 7/1/19 96,000 Sales Revenue 534.000 Finished Goods Sales Discounts 4,200 Inventory 6/30/20 75,900 Plant Manager's Salary 58,000 Work in Process Factory Property Taxes 9,600 Inventory 7/1/19 19.800 Factory Repairs 1,400 Work in Process Raw Materials Purchases 96,400 Inventory 6/30/20 18,600 Cash 32,000 Direct Labor 139,250 Indirect Labor 24,460 Accounts Receivable 27,000 Instructions a. CGM $386,910 a. Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) b. Gross profit $122,790 b. Prepare an income statement through gross profit. c. Current assets $193,100 c. Prepare the current assets section of the balance sheet at June 30, 2020

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