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Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. Raw Materials
Current Attempt in Progress 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 $51,000 48,400 96,100 26,800 25,200 27,500 148,650 24,560 35,400 Factory Insurance $5,000 Factory Machinery Depreciation 17,200 Factory Utilities 30,500 Office Utilities Expense 9,550 Sales Revenue 556,300 Sales Discounts 5,000 Plant Manager's Salary 65,000 Factory Property Taxes 9,710 Factory Repairs 2,400 Raw Materials Purchases 98,400 Cash 35,800 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule > $ > $
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