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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The following data is provided for
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and 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 Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,300 18, 100 7,200 33,250 21,800 20,450 22,600 7,500 13,500 11,800 29,000 1,850 7,580 37,000 57,600 207,030 35,000 237,500 16,200 Pepper Company $ 19,450 23,550 12,000 26,200 38,200 14,600 18,400 7,600 16,000 3,600 50,000 7,840 2,650 66,500 46,600 295, 010 21,200 139,825 23,200 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 prime costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Direct materials Raw materials available for use 0 0 Direct materials used 0 0 Total prime costs 0 0 Exercise 14-10 Cost classification LO C2 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 Company Pepper Company Direct labor Factory overhead 0 0 Total factory overhead Total conversion costs $ 0 $ 0
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