Prepare a cost of goods manufactured schedule for clarkson

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Reference no: EM132640175

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$51,600

Factory Insurance$5,200

Raw Materials Inventory 6/30/2045,500F

Factory Machinery Depreciation17,900

Finished Goods Inventory 7/1/1999,100

Factory Utilities31,100

Finished Goods Inventory 6/30/2022,300

Office Utilities Expense9,450

Work in Process Inventory 7/1/1929,600

Sales Revenue557,100

Work in Process Inventory 6/30/2028,100

Sales Discounts5,000

Direct Labor145,750

Plant Manager's Salary65,300

Indirect Labor26,660

Factory Property Taxes9,710

Accounts Receivable35,400

Factory Repairs2,200

Raw Materials Purchases99,000

Cash39,400

Problem (a) Prepare a cost of goods manufactured schedule.

Reference no: EM132640175

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