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Required information [T he following information applies to the questions displayed below] The following data is provided for Garcon Company and Pepper Company. Garcon Pepper Company Company Beginning finished goods inventory $ 15,000 $ 17,350 Beginning work in process inventory 14,300 20,350 Beginning raw materials inventory 7,500 13,650 Rental cost on factory equipment 29,500 22,600 Direct labor 24,400 37,800 Ending finished goods inventory 21,350 16,700 Ending work in process inventory 22,000 18,000 Ending raw materials inventory 6,100 9,600 Factory utilities 10,650 13,000 Factory supplies used 11,500 3,300 General and administrative expenses 26,000 58,500 Indirect labor 2,150 9,640 RepairsFactory equipment 7,340 3,750 Raw materials purchases 44,000 61,000 Selling expenses 62,400 50,200 Sales 225,030 315,010 Cash 23,000 13,700 Factory equipment, net 222,500 124,825 Accounts receivable, net 14,400 24,700 Required: 1. Complete the table to nd 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. Required: 1. Complete the table to nd 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. Cost of goods available for sale Cost of goods sold ( Required 1 Garcon Pepper Company Company Beginning finished goods inventory Beginning raw materials inventory Beginning work in process inventory 0 0 Cost of goods manufactured Required 1 Required 2 > Direct labor Ending finished goods inventory-Required 1 -Requined 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. Ending raw materials inventory Ending work in process inventory Factory supplies used Factory utilities 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 Indirect labor Raw materials purchases 0 $ 0 Rental cost on factory equipment Repairs-Factory equipment Required 1 Required 2 > Sales salariesGarcon Pepper Company Company Cost of goods available for sale Car of anode cold 0 $ 0 Required 1 Required 2 > Add: Cost of goods manufactured Add: Ending finished goods inventory Less: Cost of goods manufactured Less: Ending finished goods inventoryComplete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017. Garcon Pepper Company Company Direct materials Beginning finished goods inventory 0 Beginning raw materials inventory 0 0 Beginning work in process inventory Direct labor Ending finished goods inventory Total factory overhead 0 0 Total manufacturing costs Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017. Garcon Pepper Company Company Direct materials FW materiale available for uIce 0 Add: Beginning work in process inventory 0 Add: Ending raw materials inventory Add: Ending work in process inventory Add: Raw materials purchases Total factory overhead 0 0 Total manufacturing costs Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 Complete the table to nd the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017. Raw materials available for use - |... . : Beginning work in process inventory : Ending raw materials inventory : Ending work in process inventory Add: Raw materials purchases Less: Beginning work in process inventory Total factory overhead Total manufactunng costs Total cost of work in process Cost of goods manufactured illlllll Required 2 > Garcon Pepper Company Company Direct materials Raw materials available for use 0 0 0 Add: Raw materials purchases Less: Beginning work in process inventory Less: Ending raw materials inventory Less: Ending work in process inventory Less: Raw materials purchases Total factory overhead 0 0 Total manufacturing costs Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 Less: : Ending raw materials inventory : Ending work in process inventory : Raw materials purchases
