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b Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) The following data is provided
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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company 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 Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 14,900 17,900 10,300 32,000 20,000 19,700 22,900 6,300 14,250 13,600 27,000 2,500 7,220 35,000 54,000 223,530 29,000 217,500 16, 200 Pepper Company $ 18,550 22,500 9,800 22,450 38,600 13,300 18,600 8,800 17,750 3,800 47,000 10,000 1,550 57,500 57,100 310,010 22,700 130,825 21,450 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 calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019 Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold $ 05 0 Step by Step Solution
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