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cost of good manufactured and cost of goods sold computation Required information Use the following information for the Exercises below. [The following information applies to
cost of good manufactured and cost of goods sold computation
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 material purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable net Garcon Company $ 12,200 14,800 7,500 31,250 21,000 18,950 26,500 7,880 9,800 8,500 33,500 1,400 5,900 39,000 56,400 201,030 27,000 277,500 15,200 Pepper Company $ 16,000 22,350 11,180 25,600 41,800 14,800 19,000 9,400 16,250 4,100 56,000 8,260 2,780 55,000 58,300 335,018 23,200 169,825 23,200 of 7 Next > aded Practice Saved Help Save Exercise 14-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 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 find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019. Garcon Company Pepper Company Direct materials 0 0 Raw materials available for use 2 Next > 3 of 7 Step by Step Solution
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