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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. $48,100 Factory
Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. $48,100 Factory Insurance $4,700 39.700 Factory Machinery Depreciation 16.100 96.100 Factory Utilities 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 Workin Process Inventory 6/30/20 28,700 19.900 Office Utilities Expense 8.550 19.900 Sales Revenue 555.000 19.900 Sales Discounts 4.300 Direct Labor 139,350 Plant Managers Salary 61.100 Indirect Labor 24,560 Factory Property Taxes 9,610 27.100 Factory Repairs 1500 The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. $48,100 $4.700 39.700 16.100 96,100 28,700 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 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts 19.900 8,550 19,900 555,000 19,900 4,300 Direct Labor 139.350 Plant Manager's Salary 61.100 Indirect Labor 24.560 Factory Property Taxes 9,610 27.100 Accounts Receivable 1.500 Factory Repairs Raw Materials Purchases 96,500 Cash 32.100 CLARKSON COMPANY Cost of Goods Manufactured Schedule For the Year Ended June 30, 2020 Work in Process Inventory, July 1, 2019 Direct Materials Raw Materials Inventory, July 1, 2019 39700 V Total Raw Materials Avaliable for Use 96500 Total Raw Materials Available for Use 136200 48100 Less Raw Materials Inventory, June 30, 2020 $ 88100 Direct Materials Used Direct Materials Used $ 88100 Direct Labor 139350 Manufacturing Overhead Indirect Labor 24500 Factory Insurance 1500 28700 Factory Machinery Depreciation 16100 Factory Utilities 4700 Plant Manager's Salary Plant Manager's Salary 0.17/1 4700 Factory Property Taxes 61100 Factory Repairs 9610 Total Manufacturing Costs 146270 Total Cost of Work in Process Inventory Work in Process Inventory June 30.2020 Less Work in Process Inventory.July 12019 Cost of Goods Manufactured a (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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