The follwing data are taken from the records of Clarkson Company for the fiscal year ended June 30,2020

 The following data are taken from the records of Clarkson Company for the fiscal year ended June 30,2020

Raw material inventory beginning $54,600.00 Sales Discounts $4,600.00

Raw material inventory ending $44,200.00 plant Manager salary $65,400.00

Work in process beginning $24,600.00 Factory property taxes $9,610.00

Work in process ending $29,600.00 Factory repairs $2,500.00

Finished goods beginning $96,800.00 Raw material purchases $98,100.00

Finished goods ending $26,300.00 Cash $36,300.00

Direct labor $1,47,050.00

Indirect labor $25,660.00

Accounts receivable $35,300.00

Factory Insurance $4,700.00

Factory machinery depreciation $17,700.00

Factory utilities $31,600.00

Office utilities expenses $8,550.00

Sales Revenue $5,62,900.00