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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 year

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.

Garcon Company Pepper Company
Finished goods inventory, beginning $ 13,500 $ 18,100
Work in process inventory, beginning 17,200 21,150
Raw materials inventory, beginning 9,600 10,650
Rental cost on factory equipment 31,500 24,400
Direct labor 20,400 41,800
Finished goods inventory, ending 20,450 15,300
Work in process inventory, ending 22,000 18,600
Raw materials inventory, ending 6,600 7,600
Factory utilities 14,100 14,000
General and administrative expenses 22,000 55,500
Indirect labor 14,450 13,700
RepairsFactory equipment 6,860 3,050
Raw materials purchases 46,000 61,500
Selling expenses 61,200 51,100
Sales 287,970 387,790
Cash 27,000 22,200
Accounts receivable, net 14,800 19,700

  1. Compute the total prime costs for both Garcon Company and Pepper Company.
  2. Compute the total conversion costs for both Garcon Company and Pepper Company.
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Compute the total prime costs for both Garcon Company and Pepper Company. Compute the total conversion costs for both Garcon Company and Pepper Company

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