Question 1 The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2017. $5,100 17,300 30,600 8,550 560,600 4,800 61,500 9,810 2,000 97,600 41,900 $56,700 Factory Insurance 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 40,400Factory Machinery Depreciation 96,100 Factory Utilities 20,100 Office Utilities Expense 28,600 Sales Revenue 24,500 Sales Discounts 142,850 Plant Manager's Salary 25,160 Factory Property Taxes 34,800 Factory Repairs Raw Materials Purchases Cash Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Schedule