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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. Garcon Company Pepper Company Finished goods inventory, beginning Work in proces's inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment $12,700 $16,900 15,300 22,050 9,100 13,650 29,250 26,350 Direct labor 21,400 43,800 Finished goods inventory, ending 17,450 14,100 Work in process inventory, ending 24,400 19,400 Raw materials Inventory, ending 5,600 9,600 Factory utilities 13,350 14,250 General and administrative expenses 30,000 54,000 Indirect labor 11,150 13,160 Repairs-Factory equipment 7,460 2,450. Raw materials purchases 43,500 63,500 Selling expenses 59,600 59,500 Sales 295,320 397,000 Cash 33,000 16,200 Accounts receivable, net 13,200 22,450 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 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 Garcon Pepper Company Company 0 0 0 0 0 0 Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 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 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 Pepper Company Company $ 0 $ 0 < Required 1 Required 2 >
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