Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6 The following data is provided for Garcon Company and Pepper Company mer 10 DS beginning Finished goods inventory Beginning work in process inventory Beginning

image text in transcribed
image text in transcribed
6 The following data is provided for Garcon Company and Pepper Company mer 10 DS beginning Finished goods inventory Beginning work in process inventory Beginning raw materials inventory direct materiale) Rental coat on factory equipment Diret labor Ending finished goods inventory Ending work in process inventory ning raw materials inventory Factory utilities Factory supplies used indirect materiais General and initiative expenses Indirect labor Repairs-Factory equipment materinis purchases Selling expenses Sales daroon Company 14,300 16,500 3.300 34,00 22.000 19.700 26.500 6.200 11.400 12,100 26,000 2.250 6,160 47,000 53.200 210,030 31,000 252,500 14,600 pepper Company 16.000 22.050 12.000 23.050 46,200 15,500 20,400 .400 16,750 4.300 58,000 9.526 2.100 55,000 50.900 325,010 18,700 151.625 21,950 Font Factory equipment, et counts receivable, bet References Exercise 14-10 Cost classification LO C2 Required: 1. Compute the total prime costs for both Garcon Company and Pepper Company 2. Compute the total conversion costs for both Garcon Company and Pepper Company Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company Garcon Pepper Company Company Drac materials Raw materials available for use Din materials used Totalprime costs Part 3 or 10 points Beginning finished goods Inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Tinding work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials General and administrative expenses Indirect labor Repair-actory equipment Haw materiale purchases Selling expenses Sales Canh Factory equipment, net Accounts receivable, net Garcon Company $14.300 16,500 8,300 36,000 22,000 19,700 26,500 6,200 11,400 12.100 26,000 2.250 6.140 47,000 53,200 210.030 31,000 252,500 14,600 Pepper Company $ 16,000 23,050 12,000 23,050 44,200 15.500 20,400 9.400 16.750 4.300 58,000 9,520 2,100 55.000 58.900 325,010 18,700 151,825 21,950 Book Print References Exercise 14.10 Cost classification LO C2 Required: 1. Compute the total prime costs for both Garcon Company and Pepper Company. 2. Compute the total conversion costs for both Garcon Company and Pepper Company, Complete this question by entering your answers in the tabs below. Required 1 equaled a Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Pepper Company Company Direct labor Factory Overhead Thalma Prev

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

Principles Of Islamic Accounting

Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim

1st Edition

1119023297, 9781119023296

More Books

Students also viewed these Accounting questions