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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 Pepper Company $.17,500 17,800 22,650 9,100 12,300 34,250 22,450 22,600 44,600 Finished goods inventory, ending 21,500 13,900 Work in process inventory, ending 25,000 17,000 Raw materials inventory, ending 5,500 7,800 Factory utilities 10,500 14,250 General and administrative expenses 28,500 53,000 Indirect labor 14,000 13,340 Repairs-Factory equipment 7,340 2,550 Rav materials purchases 40,000 59,500 Selling expenses 51,600 54,100 Sales 283,410 392,530 Cash 23,000 20,700. Accounts receivable, net 16,800 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. Complete this question by entering your answers in the tabs below.
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