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Required information Use the following information for the Exercises below. Skip to question [ The following information applies to the questions displayed below. ] The
Required information
Use the following information for the Exercises below.
Skip to question
The following information applies to the questions displayed below.
The following data is provided for Garcon Company and Pepper Company.
Garcon Company Pepper Company
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
RepairsFactory equipment
Raw materials purchases
Selling expenses
Sales
Cash
Factory equipment, net
Accounts receivable, net
Exercise Cost classification LO C
Required:
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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