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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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