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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. Direct labor
Required information [The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. Direct labor Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Garcon Company $ 14,700 14,600 Pepper Company $ 19,000 21,300 7,400 11,400 27,250 25,600 Ending finished goods inventory 24,800 40,200 21,650 Ending work in process inventory 13,600 27,400 Ending raw materials inventory 16,200 6,600 Factory utilities 9,400 13,800 Factory supplies used (indirect materials) 14,500 General and administrative expenses 13,300 3,300 Indirect labor 23,000 52,500 1,950 8,620 Repairs-Factory equipment 6,260 Raw materials purchases 3,200 Selling expenses 42,000 56,000 55,600 52,600 Sales Cash Factory equipment, net Accounts receivable, net 207,030 305,010 24,000 16,700 232,500 16,600 145,825 20,450 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019. 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. < Prev 4 of 4 Next
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