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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 Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities Garcon Company $ 15,000 15,500 7,700 Pepper Company $ 17,200 20,100 13,800 34,500 25,000 23,800 43,400 17,000 14,000 27,700 18,600 6,400 7,200 9,450 16,250 General and administrative expenses 31,500 50,500 Indirect labor 12,500 13,200 Repairs-Factory equipment 5,780 2,600 Raw materials purchases 39,000 54,000 Selling expenses 51,600 57,100 Sales 276,600 398,810 Cash 32,000 17,700 Accounts receivable, net 16,200 23,700 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. Dequired 2
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