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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 $ 13,600 17,800 Pepper Company $ 19,750 21,300 9,000 9,750 31,000 22,750 23,600 36,200 Finished goods inventory, ending 18,350 14,400 Work in process inventory, ending 27,100 19,600 Raw materials inventory, ending 7,700 8,200 Factory utilities 10,950 14,250 General and administrative expenses 24,000 58,500 Indirect labor 13,450 13,680 Repairs-Factory equipment 6,380 3,100 Raw materials purchases 45,500 62,000 Selling expenses 52,400 51,100 Sales 279,180 385,170 Cash 29,000 17,200 Accounts receivable, net 15,800 23,450 1. Compute the total prime costs for both Garcon Company and Pepper Company. 2. Compute the total conversion costs for both Garcon Company and Pepper Company. Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Total prime costs Garcon Company Pepper Company Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Total conversion costs Garcon Company Pepper Company
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