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Please Complete the Tables. Required Information [The following Information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper
Please Complete the Tables.
Required Information [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. Garcon Company Pepper Company $ 18,550 $ 13,200 18,600 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor 21,750 11,550 9,400 27,250 25,750 19,800 36,600 18,050 16,500 24,100 19,000 Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities 6,000 7,600 12,750 16,000 23,500 47,500 General and administrative expenses Indirect labor 10,000 13,360 7,820 2,450 Repairs-Factory equipment Raw materials purchases Selling expenses 38,500 61,000 51,200 54,100 Sales 299,250 373,530 Cash 24,000 15,700 Accounts receivable, net 13,800 23,950 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Garcon Pepper Company Company Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured 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. Pepper Garcon Company Company Goods available for sale Cost of goods soldStep by Step Solution
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