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Question: the following data were taken from the records of clarkson...

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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 Raw Materials Inventory 6/30/20 Finished Goods Inventory 7/1/19 Finished Goods Inventory 6/30/20 Work in Process Inventory 7/1/19 Work in Process Inventory 6/30/20 Direct Labor Indirect Labor Accounts Receivable $58,100 46,600 99,700 21,900 21,200 29,400 147,550 25,360 28,000 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Managers Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash $4,800 17,100 29,400 9,350 560,500 4,700 63,400 9,910 2,500 97,300 39,200Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) CLARKSON COMPANY Cost of Goods Manufactured SchedulePrepare an income statement through gross profit. CLARKSON COMPANY (Partial) Income StatementPrepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity. CLARKSON COMPANY (Partial) Balance Sheet

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