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Required Information Use the following Information for the Exercises below. (Algo) [The following information applies to the questions displayed below] The following data is provided
Required Information Use the following Information for the Exercises below. (Algo) [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 Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Required 1 Garcon Company Required 2 Direct materials $ 14,800 17,800 7,100 30,000 22,000 17,450 22,000 6,000 12,450 23,500 11,650 Garcon Company 6,020 39,500 53,600 280,440 22,000 16,800 Pepper Company Exercise 14-7 (Algo) Computing cost of goods manufactured and cost of goods sold LO P1, P2 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. $ 18,400 23,850 11,700 Complete this question by entering your answers in the tabs below. 26,500 38,200 15,600 19,600 Pepper Company 8,200 13,750 57,500 14,960 1,850 69,000 52,300 386,850 18,700 20, 200 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31.
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