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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
! 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 $ 14,900 15,000 Pepper Company $ 18,250 20,100 9,500 11,100 33,750 23,950 22,200 41,400 Finished goods inventory, ending 21,500 15,200 Work in process inventory, ending 26,500 19,400 Raw materials inventory, ending 6,300 8,600 Factory utilities 15,000 13,250 General and administrative expenses 30,500 56,500 Indirect labor 11,750 14,260 Repairs-Factory equipment 4,700 3,800 Raw materials purchases 38,000 60,000 Selling expenses 50,400 56,200 Sales 274,260 398,910 Cash Accounts receivable, net 27,000 15,800 20,700 19,700 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. G < Prev 1 2 3 of 7 Next >
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