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3 Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for
3 Required information [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. 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 Factory utilities Garcon Company $ 15,000 Pepper Company $ 18,850 22,650 9,300 19,000 11,500 28,750 22,150 22,600 39,000 21,350 16,800 22,900 19,200 6,100 8,400 10,500 17,000 General and administrative expenses 26,500 51,500 Indirect labor 12,300 13,680 Repairs-Factory equipment 6,140 3,650 Raw materials purchases 47,000 61,000 Selling expenses 56,000 47,200 Sales 284,700 384,780 21,000 23,700 Accounts receivable, net 15,800 20,450 Cash Ces 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. Campists this question by entering your answers in the tabs below.
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