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Problem 1-4A (Video) The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. Raw Materials Inventory

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Problem 1-4A (Video) The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. 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 $51,100 41,600 96,800 27,800 21,300 27,900 144,350 26,360 34,600 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 $5,200 16,800 29,700 9,550 563,900 4,600 64,300 9,610 2,500 97,200 37,900 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule $ Prepare an income statement through gross profit. CLARKSON COMPANY (Partial) Income Statement Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of I CLARKSON COMPANY (Partial) Balance Sheet $ Click if you would like to Show Work for this question: Open Show Work

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