Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Check my work 07 o Part 1 of 3 Required information [The following information applies to the questions displayed below) The following data is provided

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Check my work 07 o Part 1 of 3 Required information [The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company, 10 points Book Hind Print Garcon Company $ 12,000 14,500 7,250 27,000 19,000 12.650 22,000 5,300 9,000 8,200 21,000 1.250 4.780 33,000 50,000 195,030 20,000 TAR Deginning Finished goods Inventory Deginning work in process inventory Beginning raw materials inventory (direct materiale) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Tactory utilities Tactory supplies used (indirect materials) Ceneral and administrative expenses Indirect labor Repairs-Pactory equipment Raw materiais purchases Selling expenses Sales Cash Pepper Company $ 16,450 19.950 9,000 22,750 35,000 13,300 16,000 7.200 12.000 3.200 43,000 7.660 1.500 52.000 46,000 290,010 15,700 References YouTube Maps Course Modules:... k Chapter 01 Saved Help My WUR .. peucu LULY 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 VU 5,300 9,000 8,200 21,000 1,250 4,780 33,000 50,000 195,030 20,000 212,500 13,200 Avu 7,200 12,000 3,200 43,000 7,660 1,500 52,000 46,000 290,010 15,700 115,825 19,450 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 Part 1 of 3 Complete this question by entering your answers in the tabs below. eBook 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, 2019. PY Garcon Pepper saved Help 5 Required information Garcon Company Pepper Company t1 of 3 Direct materials Beginning raw materials inventory Add: Raw materials purchases Raw materials available for use Less: Ending raw materials inventory Direct materials used ats 0 0 0 0 eBook Hint Factory overhead Print References 0 Total factory overhead Total manufacturing costs ic raw 11 5 Required information Factory overhead Part 1 of 3 10 points BOOK 0 0 Total factory overhead Total manufacturing costs Het Print Total cost of work in process 0 0 References $ Cost of goods manufactured 0 0 $ Required Required 2 > THETICO Marcon many awarenumru 5 Required information Complete this question by entering your answers in the tabs below. Part 1 of 3 Required 1 Required 2 10 points Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the December 31, 2019. Book Garcon Company Popper Company Hint Print References Cost of goods available for sale Cost of goods sold $ 0 $ 0

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

Auditing And EDP Objective Questions And Explanations

Authors: Irvin N Gleim, William A. Hillison

4th Edition

0917537432, 978-0917537431

More Books

Students also viewed these Accounting questions