Problem 14-4A (Part Level Submission) 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 $4,600 16,000 27,600 8,650 534,000 4,200 58,000 9,600 1,400 96,400 32,000 $48,000 Factory Insurance 39,600 Factory Machinery Depreciation 96,000Factory Utilities 75,900Office Utilities Expense 19,800Sales Revenue 18,600 Sales Discounts 139,250Plant Manager's Salary 24,460Factory Property Taxes 27,000Factory Repairs Raw Materials Purchases Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule