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Business, 11.02.2020 21:27 williamabigan

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 $58,100 Factory Insurance $4,800
Raw Materials Inventory 6/30/20 46,600 Factory Machinery Depreciation 17,100
Finished Goods Inventory 7/1/19 99,700 Factory Utilities 29,400
Finished Goods Inventory 6/30/20 21,900 Office Utilities Expense 9,350
Work in Process Inventory 7/1/19 21,200 Sales Revenue 560,500
Work in Process Inventory 6/30/20 29,400 Sales Discounts 4,700
Direct Labor 147,550 Plant Manager’s Salary 63,400
Indirect Labor 25,360 Factory Property Taxes 9,910
Accounts Receivable 28,000 Factory Repairs 2,500
Raw Materials Purchases 97,300 Cash 39,200

Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)

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The following data were taken from the records of Clarkson Company for the fiscal year ended June 30...
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