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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 $54,600
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 $54,600 Factory Insurance 44,200 Factory Machinery Depreciation Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 96,800 26,300 Work in Process Inventory 7/1/19 24,600 Work in Process Inventory 6/30/20 29,600 Direct Labor 147,050 Indirect Labor 25,660 Accounts Receivable 35,300 Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash $4,700 17,700 31,600 8,550 562,900 4,600 65,400 9,610 2,500 98,100 36,300 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule
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