Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 Part 4015 1428 Required information The following information applies to the questions displayed below. The following data is provided for Garcon Company and Pepper

image text in transcribedimage text in transcribed

4 Part 4015 1428 Required information The following information applies to the questions displayed below. The following data is provided for Garcon Company and Pepper Company Garcon Company Beginning finished goods inventory $ 12.200 Beginning work in proces tventory 16.200 Beginning raw materiale inventory (direct materials Rental cost on factory equipment 33,250 11.400 Direct labor 20. inding work in procese intory finished good inventory 27.10 Ending raw materials inventory 5.700 Paotary utilities 9.750 Factory supplies used indirect materiala 13.000 General and Administrative expenses 23.000 Indirect labor 1.650 Repairs-Factory equipment 5.66 Raw materiale purchases 41,000 Selling expenses Sales 190,00 Cash 27.000 Factory equipment, net 282,500 Accounts receivable, net 16.00 16.700 Pepper Company $ 17,500 23.700 14,700 24,100 40.200 18,600 12.00 12.00 47.000 2.300 70.000 53,000 302.510 18,260 127.25 20.950 49.000 51.200 References 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, 2019 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 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, 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 > Required: 1. Complete the table to find the cost of goods manufactured for bom Garcon Company and Peppet Company for the year ended 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 Complete this question by entering your answers in the tabs below. Required 1 Required Complete the table to calculate the cost of goods sold for hen Gereen Carewny and pepper Company for the year anded , Pepe Company Coil of goods available for sale Cost of goods sold

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting A Comprehensive Guide For Beginners

Authors: Robert McCarthy

1st Edition

1638180474, 978-1638180470

More Books

Students also viewed these Accounting questions