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Hello, please help! I am sure of the first graph (requirement 1), please correct me if I am wrong. Need help to complete Requirement 2,
Hello, please help! I am sure of the first graph (requirement 1), please correct me if I am wrong. Need help to complete Requirement 2, I'm lost. Thank you. Will hit like.
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 materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,800 18,400 10,500 30,750 20,600 18,500 25,900 6, 800 12,000 13,300 26,000 2,450 5,180 45,500 60,400 196,530 32,000 247,500 14,200 Pepper Company $ 19,600 21,450 11,250 26,800 37,400 13,600 21,000 8,600 14,250 3,600 44,000 8,920 3, 150 58,000 58,600 295, 010 17,700 139,825 19,450 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Co December 31, 2019. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Compa December 31, 2019. Comnata tha tha tahind thn annt nt Anadamnnuteturad tar hnth forenn amaan n. Required information OUTCOIT Company Pepper Company Direct materials Beginning raw materials inventory Add: Raw materials purchases Raw materials available for use Less: Ending raw materials inventory Direct materials used 10,500 $ 45,500 56,000 6,800 49,200 11,250 58,000 69,250 8,600 60.650 37.400 20,600 30.750 Direct labor Factory overhead Rental cost on factory equipment Factory utilities Factory supplies used Indirect labor 12.000 26.800 14,250 3.600 8.920 13.300 2.450 Repairs-Factory equipment 5.180 3. 150 56 720 18 400 21.450 Total factory overhead Total manufacturing costs Add: Beginning work in process inventory Total cost of work in process Less Ending work in process inventory Cost of goods manufactured 18.400 25 900 2000 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and December 31, 2019. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pep December 31, 2019. 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 Cor December 31, 2019. Garcon Company Pepper Company 19.600 12 800 "Beginning finished goods inventory TAdd Cost of goods manufactured Cost of goods available for sale Iless Ending finished goods inventory Cost of goods sold 18 600 (18.500 13.600 113.600 169 Reuma redStep by Step Solution
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