Weygandt, Accounting Principles, 12e Problem 19-4A The following data were taken from the records of...
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Weygandt, Accounting Principles, 12e Problem 19-4A 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 $50,400 39,900 99,600 20,600 27,300 20,100 148,350 25,660 28,000 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash $5,500 18,100 30,100 8,650 562,100 5,300 64,900 9,610 2,200 98,700 38,200 Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule DURCES Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured Schedule Wuyunuy Luig Pucipius, 120 Principles STANDARD VIEW SHOW LIST OF ACCOUNTS Prepare an income statement through gross profit. CLARKSON COMPANY (Partial) Income Statement
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