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I need help on this question, i cant figure out manufactoring costs and i dont know what goes on the last two Req's ework Saved

I need help on this question, i cant figure out manufactoring costs and i dont know what goes on the last two Req's
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ework Saved Help Save & Che Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company for the year ended December 31 Finished goods inventory, beginning work in process inventory, beginning raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process Inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Garcon Company $ 11,400 10,000 7,500 14,250 22,200 20,000 27,400 7,200 12,150 29,00 10,300 5,660 44,500 58,400 286,620 27,000 16,800 Pepper Company $ 17,950 19,650 14,400 23,500 39,400 15,400 21,600 9,400 16,000 52,500 14,160 3,400 55,000 58,300 372,760 16,700 20,200 Exercise 18-8 (Algo) Preparing financial statements for a manufacturer LO P1 Sales Cash Accounts receivable, net 266,620 27,000 16,800 3/2,760 16,700 20, 200 Exercise 18-8 (Algo) Preparing financial statements for a manufacturer LO P1 1. Prepare income statements for both Garcon Company and Pepper Company 2. Prepare the current assets section of the balance sheet for each company Complete this question by entering your answers in the tabs below. Reg 1 Garcon Req 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold: Finished goods inventory, beginning $ Cost of goods manufactured $ 286,620 13.400 S Required information Reg 1 Garcon Req 1 Pepper Reg 2 Garcon Req 2 Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold: Finished goods inventory, beginning $ Cost of goods manufactured $ 286,620 13,400 13,400 (20,000) (6,600) Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses (29,000) (58,400) Net income $ (87,400) APP 34 Prepare the income statement for Pepper Company PEPPER COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold: Finished goods inventory, beginning Cost of goods manufactured $ 372.760 $ 17,950 17,950 (15,400) Goods available for sale Less: Finished goods inventory ending Cost of goods sold Gross profit General and administrative expenses Selling expenses 2,550 370,210 (52,500) (58,300) Net Income $ 259,410 Required information 2. Prepare the current assets section of the Dalance she Complete this question by entering your answers i Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for GARCON COMPANY Balance Sheet-Current Assets Section December 31 Total current assets $ 0 Required information 2. Prepare ine current assets section or the Daiance snee Complete this question by entering your answers in Req 1 Garcon Req 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the current asset section of the balance sheet for pe PEPPER COMPANY Balance Sheet-Current Assets Section December 31 Total current assets $ $ 0

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