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 $48,000 Factory Insurance $4,600 16,000 27,600 8,650 534,000 4,200 58,000 9,600 1,400 96,400 32,000 Materials Inventory 3,600 Depreciation Factory Machinery 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 96,000 Factory Utilities 75,900 Expense 19,800 Sals Revenue 18,600 Sales Discounts Office Utilities Plant Manager's Salary Direct Labor 139,250 Indirect Labor 24,460 Factory Property Accounts Receivable 27,000 Factory Repairs Raw Materials Cash Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule