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1 of 3 Required information [The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company.
1 of 3 Required information [The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. ts eBook Hint Print eferences Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory 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 General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,700 I 16,800 10,900 29, 250 22,400 19,700 27,700 7,000 11,400 8,200 24,000 1,700 5,060 35,500 55,200 216,30 20,000 287,500 13,200 Pepper Company $ 17,050 20,850 13,050 22,300 42,600 15,400 17,400 8,800 17,750 5,400 46,500 7,840 1,600 53,000 52,000 312,510 18,200 154,825 24, 200 Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net 5,860 35,500 55,200 216,30 20,000 287,500 13,200 1,600 53,000 52,000 312,510 18,200 154,825 24,200 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. es Garcon Company Pepper Company $ Direct materials Beginning raw materials inventory Add: Raw materials purchases Raw materials available for use Less Ending raw materials inventory Direct materials used Direct labor Factory overhead Rental cost on factory equipment Factory utilities Factory supplies used Indirect labor Repairs-Factory equipment 10,900 $ 35,500 46,400 7,000 39,400 22,400 13,050 53,000 66,050 8,800 57,250 42,600 29,250 11,400 8,200 1,700 5,060 22,300 17,750 5,400 7,840 1,600 55,610 54,890 Total factory overhead Total manufacturing costs Add: Beginning work in process inventory Total cost of work in process Less: Ending work in process inventory Cost of goods manufactured 16,800 16,800 27700 (10.900) 20,850 20,850 17,400 3,450 $ $ eBook Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for December 31, 2017 Hint Print Garcon Company 13,700 References Pepper Company 17,050 $ Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less Ending finished goods inventory Cost of goods sold 19,700 15,400 $ (19,700) S (15,400)
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