nvcc.my.vccs.edu X M Applied Business Mathemat x N (Fall 2019) ACC 212 (007N) X N Ch 14: Homework rses/162549/assignments/3903653?module_item_id=15092997 Maps Show Attempt History Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 20 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 $54,800 49,200 9 6,400 28,500 2 2,600 27,300 139,550 24,960 34,900 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 16,500 29,500 9,250 561,300 4,500 66,100 9,710 2,300 99,500 36,300 Your answer is correct. Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule For the Year Ended June 30, 2020 N Fal 2019) ACC 212 (007N) X y.vccs.edu X M Applied Business Matheme x 52549/assignments/3903653?module_item_id=15092997 N Ch 14: Homework Assignme x The Following CLARKSON COMPANY (Partial) Income Statement For the Year Ended June 30, 2020 Sales Revenue 561300 4500 Less : Sales Discounts Net Sales Cost of Goods Sold 556800 i Finished Goods Inventory, July 1, 2019 . 96400 Cost of Goods Manufactured 394320 i Cost of Goods Available for Sale 490720 i Less :: Finished Goods Inventory, June 30, 2020 28500 Cost of Goods Sold Gross Profit 94580 e Textbook and Media List of Accounts Solution Attempts Fall 2010) ACC 212 1007NX N Ch 14: Homework Assignme x The Following vo.my.ccs edu x M Applied Business Mathemat x N ourses/162549/assignments/3903653?moduleItem_id=15092997 Maps Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity) CLARKSON COMPANY (Partial) Balance Sheet For the Month Ended June 30, 2020 e Textbook and Media e Textbook video List of Accounts