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 $51,400 Factory Insurance $5,700 Raw Materials Inventory 6/30/17 44,000 Factory Machinery Depreciation 17,200 Finished Goods Inventory 7/1/16 99,000 Factory Utilities 29,600 Finished Goods Inventory 6/30/17 27,100 Office Utilities Expense 9,450 Work in Process Inventory 7/1/16 27,400 Sales Revenue 560,000 Work in Process Inventory 6/30/17 29,700 Sales Discounts 4,800 Direct Labor 145,350 Plant Managers Salary 63,700 Indirect Labor 26,460 Factory Property Taxes 9,610 Accounts Receivable 30,900 Factory Repairs 2,200 Raw Materials Purchases 97,600 Cash 35,400 Collapse question part (a) Correct answer. Your answer is correct. Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule Entry field with correct answer Entry field with correct answer $Entry field with correct answer 27,400 Entry field with correct answer Entry field with correct answer $Entry field with correct answer 51,400 Entry field with correct answer Entry field with correct answer 97,600 Entry field with correct answer Entry field with correct answer 149,000 Entry field with correct answer: Entry field with correct answer Entry field with correct answer 44,000 Entry field with correct answer $Entry field with correct answer 105,000 Entry field with correct answer Entry field with correct answer 145,350 Entry field with correct answer Entry field with correct answer Entry field with correct answer 5,700 Entry field with correct answer Entry field with correct answer 17,200 Entry field with correct answer Entry field with correct answer 29,600 Entry field with correct answer Entry field with correct answer 63,700 Entry field with correct answer Entry field with correct answer 26,460 Entry field with correct answer Entry field with correct answer 9,610 Entry field with correct answer Entry field with correct answer 2200 Entry field with correct answer Entry field with correct answer 154,470 Entry field with correct answer Entry field with correct answer 404,820 Entry field with correct answer Entry field with correct answer 432,220 Entry field with correct answer: Entry field with correct answer Entry field with correct answer 29,700 Entry field with correct answer $Entry field with correct answer 402,520 SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT Attempts: 4 of 5 used Collapse question part (b) Prepare an income statement through gross profit. CLARKSON COMPANY (Partial) Income Statement $ : $ : $