Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required Information Use the following Information for the Exercises below. [The following information applies to the questions displayed below] The following date is provided for
Required Information Use the following Information for the Exercises below. [The following information applies to the questions displayed below] The following date is provided for Garcon Company and Pepper Company. Garcon Company $ 13,700 18,300 Pepper Company $ 19,158 22.500 10,200 32.750 20.900 23,800 7.000 36,583 16,30 19,828 8,28 13.50 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 18,300 25,600 3.700 47.aaa 68,582 57,488 310,10 43,500 51,200 232,530 34.000 272.500 16.00 172,825 20,70 Exercise 14-10 Cost classification LO C2 Required: 1. Compute the total prime costs for both Gorcon Company and Pepper Company. 2 Compute the total conversion costs for both Gorcon Company and Pepper Company. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Garcon Pepper Company Company Direct materials Raw materials available for use 0 Direct materials used 0 0 Total prime costs $ 0 $ Required: 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Pepper Company Company Direct labor Factory overhead 0 0 Total factory overhead Total conversion costs $ $ 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started