List of accounts:

Accounts Receivable Administrative Expenses Cash Direct Labor Factory Depreciation Factory Insurance Factory Manager's Salary Factory Property Taxes Factory Repairs Factory Utilities Finished Goods Inventory Income Summary Income Tax Expense Indirect Labor Manufacturing Summary Prepaid Expense Raw Materials Inventory Raw Materials Purchases Retained Earnings Sales Selling Expenses Work in Process Inventory

Problem 14-4A The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2017 Raw Materials Inventory 7/1/16 Raw Materials Inventory 6/30/17 Finished Goods Inventory 7/1/16 Finished Goods Inventory 6/30/17 Work in Process Inventory 7/1/16 Work in Process Inventory 6/30/17 Direct Labor Indirect Labor Accounts Receivable $51,100 46,000 98,200 26,100 26,800 22,300 147,750 26,560 27,100 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 $4,700 19,000 29,100 9,350 564,000 4,700 65,600 9,810 1,600 97,500 35,600 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule