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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 Raw materials inventory, ending Factory utilities Garcon Company $ 12,200 16,700 Pepper Company $ 16,750 21,900 8,900 12,150 31,000 26,650 21,200 39,000 17,000 14,600 25,000 19,800 5,800 7,600 10,650 17,000 General and administrative expenses 23,500 56,500 Indirect labor 12,700 14,620 Repairs-Factory equipment 6,500 3,800 Raw materials purchases 33,500 63,500 Selling expenses 62,800 47,800 Sales 298,050 396,640 Cash Accounts receivable, net 25,000 19,700 16,200 22,950 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended ecember 31. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended ecember 31. Complete this question by entering your answers in the tabs below.
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