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PLEASE HELP ASAP! Part 1 and Part 2! Required information [The following information applies to the questions displayed below.] The following data is provided for
PLEASE HELP ASAP! Part 1 and Part 2!
Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company. Garcon Pepper Company $18,850 22,650 Company Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory on factory equipment 12,800 16,600 33 258 23,950 Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labor 21,200 18,050 28,000 36,600 16,600 17,400 7,800 16,000 7,500 10,800 12,400 32,000 2,350 6,860 34,000 5,800 55,500 9,160 2,350 53,500 53,800 Repairs-Factory equipment Raw materials purchases Selling expenses 54,400 Sales 199,530 305,010 22,700 115,825 21,200 Cash 24,000 282,500 14,400 Factory equipment, net Accounts receivable, net Required: 1. Complete the table to find 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 information 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, 2017. Garcon Pepper Company Company Direct materials Raw materials available for use 0 Direct materials used 0 0 Factory overhead Total factory overhead 0 0 Total manufacturing costs Total cost of work in process Total cost of work in process 0 0 Cost of goods manufactured $ 0 0 Required 1 Required 2 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 Beginning finished goods inventory Add: Cost of goods manufactured 12,800 18,850 Cost of goods available for sale Less: Ending finished goods inventory (18,050) (16,600) (18,050) (16,600) Cost of goods sold Required 1 Required 2 >
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