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* Add: Beginning work in process inventory Add: Ending raw materials inventory Add: Ending work in process inventory Add: Raw materials purchases Less: Beginning work
*
- Add: Beginning work in process inventory
- Add: Ending raw materials inventory
- Add: Ending work in process inventory
- Add: Raw materials purchases
- Less: Beginning work in process inventory
- Less: Ending raw materials inventory
- Less: Ending work in process inventory
- Less: Raw materials purchases
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,000 15,900 9,000 35,000 23,000 17,750 24,400 6,000 9,300 12,100 21,000 2,000 6,140 42,000 54,400 225,030 26,000 232,500 14,800 Pepper Company $ 16,750 22,350 14,400 25,000 40,200 14,900 19,400 9,000 12,250 3,300 49,000 9,340 1,550 63,000 48, 100 332,510 17,200 154,825 21,950 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, 2017.. Activa 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, 2017 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017. 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, 2017. December 31, 2017. Garcon Company Pepper Company $ $ Direct materials Beginning raw materials inventory Add: Raw materials purchases Raw materials available for use Add: Ending raw materials inventory Direct materials used Direct labor Factory overhead Rental cost on factory equipment Factory utilities Factory supplies used Indirect labor RepairsFactory equipment 9,000 42,000 51,000 6,000 45,000 23,000 14,400 63,000 77,400 9,000 68,400 40,200 35,000 9,300 12,100 2,000 6,140 25,000 12,250 3,300 9,340 1,550 >> Factory overhead Rental cost on factory equipment Factory utilities Factory supplies used Indirect labor Repairs-Factory equipment 35,000 9,300 12,100 2,000 6,140 25,000 12,250 3,300 9,340 1,550 >> 64,540 51,440 Total factory overhead Total manufacturing costs Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017. Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold $ 0 0
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