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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 $ 13,100 17,800 Pepper Company $ 18,400 20,850 7,600 10,050 27,500 26,050 20,600 41,400 Finished goods inventory, ending 21,800 16,600 Work in process inventory, ending 27,400 18,000 Raw materials inventory, ending 7,500 8,800 Factory utilities 12,450 14,000 General and administrative expenses 24,500 47,500 Indirect labor 11,800 11,400 Repairs-Factory equipment 6,020 2,000 Raw materials purchases 44,500 53,500 Cash Selling expenses Sales Accounts receivable, net 52,800 58,600 288,990 394,770 34,000 13,600 23,700 20,450 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 this question by entering your answers in the tabs below. 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.
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