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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. $ Beginning finished
Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company. $ Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company 12,000 17,500 7,900 27,250 23,800 19,250 24,700 7,200 9,900 13,300 33,500 1,600 4,700 42,500 55,200 244,530 22,000 232,500 16,800 Pepper Company $ 19,300 23,850 13,050 26,200 37,400 14,800 19,000 10,000 16,750 5,000 44,500 9,040 2,800 66,000 53,500 320,010 24,700 148,825 23,700 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 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, 2019. Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold
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