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View Policies Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2022.
View Policies Current Attempt in Progress The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2022. Raw Materials Inventory 7/1/21 $48,000 Accounts Receivable $27,000 Raw Materials Inventory 6/30/22 Finished Goods Inventory 7/1/21 Finished Goods Inventory 6/30/22 39,600 Factory Insurance 4,600 96,000 Factory Machinery Depreciation 16,000 75,900 Factory Utilities 27,600 Work in Process Inventory 7/1/21 19,800 Office Utilities Expense 8,650 Work in Process Inventory 6/30/22 18,600 Sales Revenue 534,000 Direct Labor 139,250 Sales Discounts 4,200 Indirect Labor 24,460 Factory Manager's Salary 58,000 Factory Property Taxes 9,600 Factory Repairs 1,400 Raw Materials Purchases 96,400 Cash 32,000 (a) Prepare a cost of goods manufactured schedule. (Assume that all raw materials used were direct materials.) (b) eTextbook and Media List of Accounts Save for Later CLARKSON COMPANY Cost of Goods Manufactured Schedule $ $ Attempts: unlimited Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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