Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required Information [The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company. Beginning finished goods

image text in transcribed
image text in transcribed
image text in transcribed
Required Information [The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,700 18,500 11,200 30,250 25,000 18,20 27 190 7.780 9,450 13,000 34,500 1.350 7.580 36,000 62,000 228.030 28,000 257, 500 13,800 Pepper Company $ 19,000 22,650 14, 100 250 150 37,400 14400 16,656 9.000 12,250 4.000 50, 500 9,400 3,200 59,500 50, 890 295, 010 21,200 127, B25 23,700 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 Complete this question by entering your answers in the tabs below. Required) 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, 2019 Garcon Coman Pepper Coman 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. 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, 2019 Garcon Company Pepper Company Direct materials Raw materials available for use Direct materials used Factory overhead To factory overhead Tong costs To cost of Worces Cost pesma Required 2 > 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 Complete this question by entering your answers in the tabs below. Required 1 Required 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, Company Pepper Company Cost of goods alt for sale Cost of goods sold

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Accounting Made Simple For Beginners

Authors: Robert Briggs

1st Edition

1761032739, 978-1761032738

More Books

Students also viewed these Accounting questions

Question

If g(x) = 3 + x + ex, find g-1 (4)

Answered: 1 week ago

Question

Describe the characteristics of a 360-degree performance appraisal.

Answered: 1 week ago