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! Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for

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! 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. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Garcon Company $ 12,700 18,300 Pepper Company $ 19,300 20,250 7,000 12,150 28,500 26,650 20,800 40,600 Finished goods inventory, ending 20,300 13,300 Work in process inventory, ending 25,300 17,400 Raw materials inventory, ending 6,700 9,800 Factory utilities 14,700 15,250 General and administrative expenses 23,000 47,000 Indirect labor 10,800 13,400 Repairs-Factory equipment 7,820 3,400 Raw materials purchases 41,500 59,500 Selling expenses 52,400 58,000 Sales 293,130 399,760 Cash Accounts receivable, net 33,000 13,800 19,200 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. Answer is not complete. 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 Company Pepper Company Direct materials Raw materials inventory, beginning Add: Raw materials purchases 7,000 $ 41,500 12,150 59,500 Raw materials available for use 48,500 71,650 Less: Raw materials inventory, ending 6,700 9,800 Direct materials used 41,800 61,850 Factory overhead Rental cost on factory equipment 28,500 26,650 Factory utilities 14,700 15,250 Indirect labor 10,800 13,400 Repairs-Factory equipment 7,820 3,400 Total factory overhead 61,820 58,700 Total manufacturing costs 104,180 135,910 Add: Work in process inventory, beginning 118,680 155,860 Total cost of work in process 222,860 291,770 Less: Work in process inventory, ending 22,000 16,000 Cost of goods manufactured 200,860 $ Required 1 275,770 Required 2 >

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