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Question 4 of 4 View Policies Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal
Question 4 of 4 View Policies Current Attempt in Progress 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 $48,900 Factory Insurance $5,100 Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 46,900 Factory Machinery Depreciation 18,000 97,700 Factory Utilities 30,000 21.600 Office Utilities Expense 9,350 Work in Process Inventory 7/1/19 25,200 Sales Revenue 558,900 Work in Process Inventory 6/30/20 23,700 Sales Discounts 5,000 Direct Labor 142,050 Plant Manager's Salary 65,200 Indirect Labor 25,360 Factory Property Taxes 9.710 Accounts Receivable 35,500 Factory Repairs 2.200 Raw Materials Purchases 96.700 Cash 40,700 (a) -16 E
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