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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 Raw Materials

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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 Raw Materials Inventory 6/30/17 Finished Goods Inventory 7/1/16 Finished Goods Inventory 6/30/17 Work in Process Inventory 7/1/16 Work in Process Inventory 6/30/17 Direct Labor Indirect Labor Accounts Receivable $53,000 Factory Insurance 48,400 Factory Machinery Depreciation 97,400Factory Utilities 23,100 ffice Utilities Expense 28,000Sales Revenue 27,100Sales Discounts 143,150 Plant Manager's Salary 25.760 Factory Property Taxes 32.700 Factory Repairs $4,800 18,600 30,500 8,750 563,100 5,000 64,200 9,610 1,700 97,000 41,000 Raw Materials Purchases Cash Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule Prepare the current assets section of the balance sheet at June 30, 2017. (List Current Assets in onder of ieei CLARKSON COMPANY (Partial) Balance Sheet

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