Answered step by step
Verified Expert Solution
Question
1 Approved Answer
5 Check my work 5 5 Required information (The following information applies to the questions displayed below.] Part 1 of 3 3 The following data
5 Check my work 5 5 Required information (The following information applies to the questions displayed below.] Part 1 of 3 3 The following data is provided for Garcon Company and Pepper Company for the year ended December 31. 10 points eBook Hint Garcon Company $ 13,700 14,600 10,100 29, 250 23,200 17,450 28,000 6,200 10,650 29,000 14,650 6,500 34,000 56,000 276,870 28,000 14,000 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 General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Pepper Company $ 16,600 21,900 10,650 25, 150 36,600 15,400 17,200 7,800 13,500 50,000 12,040 2,750 53,000 47,500 388,080 18,200 24,700 Print References 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. 5 Required information Part 1 of 3 Garcon Company Pepper Company Direct materials 10 points Raw materials available for use 0 0 eBook Direct materials used 0 0 Hint Factory overhead Print References 0 0 Total factory overhead Total manufacturing costs Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 5 Check my work UT 5 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. Part 1 of 3 10 points Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Hint Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Print References Garcon Company Pepper Company Goods available for sale Cost of goods sold O $ 0
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