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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. Factory utilities Beginning
Required information (The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. Factory utilities 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 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 $ 14,600 15,800 8,300 34,250 22,000 17,000 22,300 24 7,900 10,500 10,300 22,500 2,100 7,220 35,000 50,800 214,530 22,000 267,500 16,600 Pepper Company $ 16,450 21,000 13,950 24, 250 1000 37,000 13,300 21,000 8,600 We 14,750 5,400 50,000 9,880 1,600 co 61,500 58,300 340,010 18,200 136,825 24,700 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. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Com December 31, 2019. Garcon Company Pepper Company Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company December 31, 2019. Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold
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