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Required information Garcon Company repper Company Direct materials Raw materials inventory, beginning $ 10,500 $ 12,750 Add: Raw materials purchases 44,000 62,500 Raw materials

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Required information Garcon Company repper Company Direct materials Raw materials inventory, beginning $ 10,500 $ 12,750 Add: Raw materials purchases 44,000 62,500 Raw materials available for use 54,500 75,250 Less: Raw materials inventory, ending 5,600 7,600 Direct materials used 48,900 67,650 Direct labor 21,800 39,800 Factory overhead Rental cost on factory equipment 31,750 25,600 Factory utilities 12,750 15,000 Indirect labor 15,650 12,020 Repairs-Factory equipment 6,260 2,400 Total factory overhead Total manufacturing costs 66,410 55,020 137,110 162,470 17,100 23,400 154,210 185,870 Total cost of work in process 25,900 21,400 Cost of goods manufactured $ 128,310 $ 164,470 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. Goods available for sale Cost of goods soldi Garcon Pepper Company Company $ 0 $ 0 1 [The following information applies to the questions displayed below.) Help Save & Exit Sub Check my work Part 1 of 2 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 Carcon Company $13,800 Pepper 19,150 17,100 23,400 10,500 12,750 31,750 25,600 21,800 19,000 21,350 15,100 15,100 25,900 21.400 21,400 5,600 7,600 7,400 12,750 15.000 15,009 General and administrative expenses 31,500 60,000 15,650 12,020 6,260 2,400 Sales Raw materials purchase Selling expenses Cash Accounts receivable, net 44,000 62,500 64,000 47,800 297,600 382,950 22,000 13,400 23,700 21,450 Indirect labor Repairs-Factory equipment 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. Prev 1 2 of 2 Next >

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