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Prepare a cost of goods manufactured schedule (assume all raw materials used were direct materials) Problem 19-4A The following data were taken from the records

Prepare a cost of goods manufactured schedule (assume all raw materials used were direct materials)
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Problem 19-4A 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 $57,300 Factory Insurance $5,400 16,600 Raw Materials Inventory 6/30/17 41,100 Factory Machinery Depreciation 31,200 Finished Goods Inventory 7/1/16 98,800 Factory Utilities 29,500 Office Utilities Expense 9,350 Finished Goods Inventory 6/30/17 Work in Process Inventory 7/1/16 24,200 Sales Revenue 561,200 Work in Process Inventory 6/30/17 21,500 Sales Discounts 5,100 Direct Labor 141,450 Plant Manager's Salary 64,200 Indirect Labor 24,660 Factory Property Taxes 9,910 Accounts Receivable 37,100 Factory Repairs 1,700 96,900 Raw Materials Purchases 38,300 Cash

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