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Part 1 of 3 20 points Skipped eBook Hint Print References [The following information applies to the questions displayed below.] The following data is provided
Part 1 of 3 20 points Skipped eBook Hint Print References [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 $ 13,200 15,700 8,900 27,750 22,400 17,150 24,100 6,800 9,300 22,000 13,900 7,700 39,000 57, 200 270,090 28,000 13,800 Pepper Company $ 19,900 23,100 13,800 26,350 42,600 15,600 21,600 7,200 14,750 57,000 11,660 3,700 65,000 52,900 376,910 18,700 21, 200 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31.
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