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fine following information applies to the questions displayed below. The following data is provided for Garcon Company and Pepper Company. $ Beginning finished goods inventory
fine 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 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 materiale purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company 13,900 17,300 11,600 32,750 20.600 17,450 24, 100 6,500 12,450 13,300 25,500 1,300 6,020 33,000 51,200 204,030 24,000 277,500 16,400 Pepper Company $ 16,300 22,950 11,700 25,450 35,400 15,500 19,400 8,200 15,750 5,300 48,500 8,620 2,850 56,500 55,600 290,010 21,700 148,825 23,200 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, 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 calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017. Garcon Pepper Company Company $ 13,9001 16,300 Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold $ 0 $ 0
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