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1 Part 1 of 2 4 points Required information Use the following information for the Exercises below. (Algo) [The following information applies to the
1 Part 1 of 2 4 points Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Pepper Company Garcon Company eBook Hint Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending $ 12,300 $ 18,550 17,500 19,800 11,800 14,100 32,000 24,700 19,800 37,400 18,200 14,300 24,400 16,400 6,900 9,400 Factory utilities 12,900 14,000 General and administrative expenses 23,000 59,000 Indirect labor 15,950 12,900 Print Repairs-Factory equipment 6,980 3,300 Raw materials purchases 48,000 62,000 Selling expenses 55,600 52,600 Sales 271,590 371,780 References Cash Accounts receivable, net 24,000 16,200 17,700 22,950 Exercise 14-7 (Algo) Computing cost of goods manufactured and cost of goods sold LO P1, P2 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. 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 Company for the year ended December 31. 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 Garcon Company Pepper Company
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