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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
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 Garcon Company $ 14,700 15,100 Pepper Company $ 17,350 22,350 7,400 13,050 34,000 23,800 22,400 43,800 18,500 14,200 23,200 17,200 Raw materials inventory, ending 7,000 9,200 Factory utilities 10,200 13,250 General and administrative expenses 26,500 55,000 Indirect labor 10,850 11,840 Repair-Factory equipment 7,220 3,500 Raw materials purchases 40,500 67,000 Selling expenses 64,000 46,900 Sales 296,610 379,690 Cash Accounts receivable, net 26,000 14,000 22,200 21,200 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, Required information Required 1 Required 2 13 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 1:14:06 Garcon Company Pepper Company Book Raw materials, available for use 0 0 Hint erences Add: Raw materials purchases Direct materials used Factory overhead 0 0 Total factory overhead Total manufacturing costs Total cost of work in process 0 0 0 3 13:47 ok ht 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. ences Goods available for sale Cost of goods sold Garcon Company Pepper Company $ 0 $ 0 < Required 1 Required 2 >
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