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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 Garcon Company $ 12,800 18,400 Pepper Company $ 16,900 20,100 8,600 12,900 32,500 22,300 22,000 36,600 Finished goods inventory, ending 21,950 14,200 Work in process inventory, ending 27,400 19,800 Raw materials inventory, ending Factory utilities 6,700 8,200 10,950 12,250 General and administrative expenses 34,000 56,500 Indirect labor 15,550 15,300 Repairs-Factory equipment 6,260 3,700 Raw materials purchases 46,000 62,000 Selling expenses 59,200 57,100 Sales 296,340 396,140 Cash Accounts receivable, net 26,000 16,200 17,700 19,450 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. 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 Garcon Company Pepper Company Raw materials available for use 0 0 Direct materials used Factory overhead 0 0 Total factory overhead Total manufacturing costs 0 0 Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 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 0 0 < Required 1 Required 2
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