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

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Accounting

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 $48,000 Factory Insurance $4,600
Raw Materials Inventory 6/30/20 39,600 Factory Machinery Depreciation 16,000
Finished Goods Inventory 7/1/19 96,000 Factory Utilities 27,600
Finished Goods Inventory 6/30/20 75,900 Office Utilities Expense 8,650
Work in Process Inventory 7/1/19 19,800 Sales Revenue 534,000
Work in Process Inventory 6/30/20 18,600 Sales Discounts 4,200
Direct Labor 139,250 Plant Managers Salary 58,000
Indirect Labor 24,460 Factory Property Taxes 9,600
Accounts Receivable 27,000 Factory Repairs 1,400
Raw Materials Purchases 96,400
Cash 32,000

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

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