Required information Use the following information for the Exercises below. (Algo) [The following information applies to...
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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 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 Garcon Company $ 12,500 15,100 Pepper Company $ 18,700 19,650 7,000 10,800 33,250 22,150 21,400 43,000 Finished goods inventory, ending 18,350 15,100 Work in process inventory, ending 23,800 20,800 Raw materials inventory, ending 6,200 10,000 Factory utilities 11,100 13,000 General and administrative expenses 26,500 59,500 Indirect labor 12,700 12,680 Repairs-Factory equipment 7,100 2,750 Raw materials purchases 40,500 58,500 Selling expenses Sales Cash Accounts receivable, net 62,800 50,500 273,090 395,110 27,000 17,200 15,800 21,700 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 Garcon Company $ 12,500 15,100 Pepper Company $ 18,700 19,650 7,000 10,800 33,250 22,150 21,400 43,000 Finished goods inventory, ending 18,350 15,100 Work in process inventory, ending 23,800 20,800 Raw materials inventory, ending 6,200 10,000 Factory utilities 11,100 13,000 General and administrative expenses 26,500 59,500 Indirect labor 12,700 12,680 Repairs-Factory equipment 7,100 2,750 Raw materials purchases 40,500 58,500 Selling expenses Sales Cash Accounts receivable, net 62,800 50,500 273,090 395,110 27,000 17,200 15,800 21,700
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