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$51,600

Factory Insurance$5,200

Raw Materials Inventory 6/30/2045,500F

Factory Machinery Depreciation17,900

Finished Goods Inventory 7/1/1999,100

Factory Utilities31,100

Finished Goods Inventory 6/30/2022,300

Office Utilities Expense9,450

Work in Process Inventory 7/1/1929,600

Sales Revenue557,100

Work in Process Inventory 6/30/2028,100

Sales Discounts5,000

Direct Labor145,750

Plant Manager's Salary65,300

Indirect Labor26,660

Factory Property Taxes9,710

Accounts Receivable35,400

Factory Repairs2,200

Raw Materials Purchases99,000

Cash39,400

(a)

Prepare a cost of goods manufactured schedule.

Chrome File Edit View History Bookmarks People Tab Window Help O T A X 24% ))) Thu 11:10 PM Q Question 2 edugen.wileyplus.com/edugen/shared/assignment/test/qprint.uni * Question 2 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 $51,600 Factory Insurance $5,200 Raw Materials Inventory 6/30/20 45,500 Factory Machinery Depreciation 17,900 Finished Goods Inventory 7/1/19 9,100 Factory Utilities Finished Goods Inventory 6/30/20 31,100 2,300 Office Utilities Expense 9,450 Work in Process Inventory 7/1/19 29,600 Sales Revenue 57,100 Work in Process Inventory 6/30/20 28 ,100 Sales Discounts 5,000 Direct Labor 45,750 Plant Manager's Salary 65,300 Indirect Labor 26,660 Factory Property Taxes 9,710 Accounts Receivable 35 ,400 Factory Repairs 2,200 Raw Materials Purchases 99,000 Cash 39,400 Question 2 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule For the Year Ended Jun Work in Process Invent 29,600 Direct Materials Raw Materials Inventor