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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
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 $ 12,800 14,600 Pepper Company $ 16,900 20,400 9,450 8,200 33,250 25,150 24,800 37,000 Finished goods inventory, ending 21,200 14,500 Work in process inventory, ending 24,400 20,600 Raw materials inventory, ending 7,700 9,800 Factory utilities 12,900 12,250 General and administrative expenses 25,000 49,500 Indirect labor 14,950 13,880 Repairs-Factory equipment 7,940 3,700 Raw materials purchases 37,000 66,000 Cash Selling expenses Sales Accounts receivable, net 50,400 51,700 271,110 370,940 34,000 16,000 19,700 24,950 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. 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. 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 Garcon Company Pepper Company Complete this question by entering your answers in the tabs below. 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 sold Garcon Company Pepper Company < Required 1 Required 2 >
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