Question
Required information Skip to question [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company
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[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 |
Finished goods inventory, beginning | $ 12,500 | $ 18,100 |
Work in process inventory, beginning | 15,900 | 21,600 |
Raw materials inventory, beginning | 9,800 | 11,850 |
Rental cost on factory equipment | 28,750 | 25,150 |
Direct labor | 23,400 | 43,800 |
Finished goods inventory, ending | 21,950 | 15,200 |
Work in process inventory, ending | 25,300 | 17,200 |
Raw materials inventory, ending | 6,300 | 7,600 |
Factory utilities | 12,000 | 16,000 |
General and administrative expenses | 28,000 | 44,000 |
Indirect labor | 9,450 | 15,400 |
RepairsFactory equipment | 5,660 | 3,350 |
Raw materials purchases | 38,500 | 66,000 |
Selling expenses | 58,800 | 56,800 |
Sales | 290,790 | 390,540 |
Cash | 33,000 | 21,200 |
Accounts receivable, net | 14,200 | 24,450 |
1. Compute the total prime costs for both Garcon Company and Pepper Company. 2. Compute the total conversion costs for both Garcon Company and Pepper Company.
Compute the total prime costs for both Garcon Company and Pepper Company.
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Compute the total conversion costs for both Garcon Company and Pepper Company.
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