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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 $51,100 Factory

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 $51,100

Factory Insurance $4,700

Raw Materials Inventory 6/30/17 46,000

Factory Machinery Depreciation 19,000

Finished Goods Inventory 7/1/16 98,200

Factory Utilities 29,100

Finished Goods Inventory 6/30/17 26,100

Office Utilities Expense 9,350

Work in Process Inventory 7/1/16 26,800

Sales Revenue 564,000

Work in Process Inventory 6/30/17 22,300

Sales Discounts 4,700

Direct Labor 147,750

Plant Managers Salary 65,600

Indirect Labor 26,560

Factory Property Taxes 9,810

Accounts Receivable 27,100

Factory Repairs 1,600

Raw Materials Purchases 97,500

Cash 35,600

Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)

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The talliowing data were taken from the records of Clarkson Company far the iscal year ended June 30, 2017 51,100 Fact 46,000 Factory Machinery Depreclatian BE,200 Raw Materals Inventory 7/1/1 Raw Materlals Inventory 6/30/17 Finishec Goods Inventory 7/1/iE Finlshec Goods Inventory 30/17 Wark In Process Inventory 7/1/i6 Wark In Process Inventory 3017 54,700 19,000 29,100 9,350 564,000 4,700 65,600 9,B10 1,500 37,500 35,600 Factary Insurance Factary utizies Omice une Expense Seles Revenue Seles Discount: Plant Managers Salary 26,800 147,75 26,560 Fectory Property Taxes 27.100FactryRepeirs Accounts Recelvable Raw Materials Purchases Prepare a cost of acods manufectured scheduie. (Asaume al raw materias used were airect materals. Cost of Goods Manufactured Schedule

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