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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. Garcon Company Pepper

Required information

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

Garcon Company Pepper Company
Beginning finished goods inventory $ 14,300 $ 18,550
Beginning work in process inventory 15,200 21,750
Beginning raw materials inventory (direct materials) 8,400 9,450
Rental cost on factory equipment 33,500 23,350
Direct labor 23,600 45,000
Ending finished goods inventory 17,300 15,300
Ending work in process inventory 27,100 17,400
Ending raw materials inventory 6,600 8,000
Factory utilities 10,650 14,250
Factory supplies used (indirect materials) 8,200 3,200
General and administrative expenses 22,000 54,500
Indirect labor 2,100 8,860
RepairsFactory equipment 5,300 3,300
Raw materials purchases 34,500 65,500
Selling expenses 58,800 51,700
Sales 231,030 325,010
Cash 25,000 18,700
Factory equipment, net 242,500 127,825
Accounts receivable, net 13,800 20,950

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, 2019. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019.

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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, 2019. Garcon Company Pepper Company Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 1 Required 2 Requires 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019. Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold

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