b

The following data is provided for Garcon Company and Pepper Company for the year ended December 31 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cont 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 Garcon Company $ 12,800 17,900 10,000 34,000 21,000 18,800 26,800 5,400 13,050 33,500 12,200 5,300 33,500 59,600 277,380 21,000 14,000 Pepper Company $ 16,600 20, 250 14,850 23,200 43,400 15,900 16,400 7,600 17,000 49,500 12,000 3,750 57,500 55,600 378,680 20, 200 22,950 Exercise 18-7 (Algo) Computing cost of goods manufactured and cost of goods sold LOF 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for December 31 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the December 31 Required information Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and December 31. Garcon Company Pepper Company $ 10,000 $ 14,850 Direct materials Raw materials inventory, beginning Add: Raw materials purchases Raw materials available for use Add: Raw materials inventory, ending Direct materials used 10.000 14,850 10,000 14,850 Direct labor Factory overhead Rental cost on factory equipment Factory utilities Rental cost on factory equipment Indirect labor Repairs-Factory equipment Total factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process Add: Work in process inventory, ending Cost of goods manufactured 0 0 $ 0 $ 0 Required Required 2 >