COst of good manufacture schedule

Prepare an income statement through gross profit.

Prepare the current assets section of the balance sheet at June 30, 2020.

The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. $5,500 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 $50,400 39,900 99,600 20,600 27,300 20,100 148,350 25,660 28,000 18,100 30,100 8,650 562,100 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 5.300 64,900 9.610 2,200 98,700 38,200 Part 1 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule