Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1) Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019
1) Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019
18 Homework (graded 3 Required information [The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods Inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,300 14,50 7, 10e 3,000 19, ege 20,750 24,400 7,168 13, see 9,100 30,00 2,150 5,660 44,00 57, ce 237,93e 26,000 247, see 15,000 Pepper Company $ 15,300 21,75e 14,50 25,450 42,200 13,90 19,200 3,000 24,250 4,500 56,5 7,660 2, se 59, see 55,000 320,00 20,700 172,825 20,200 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ende December 31, 2019 Complete this question by entering your answers in the tabs below. Required: Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019. Garcon Company Pepper Company Direct materiais Raw materials available for use Pepper December 31, 2019 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Cor December 31, 2019. Garcon Company Pepper Company Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Com December 31, 2019. Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold 2) Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started