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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
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. Garcon Company $13,588 Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, begiming Rental cost on factory equipment Direct labor $ 16,450 17,180 20,708 9,088 13,200 28,000 23,958 20,688 43,400 Finished goods Inventory, ending 17,150 13,500 work in process inventory, ending 25,380 19,408 Factory utilities Raw materials inventory, ending 7,288 9,800 9,750 16,758 Indury Indirect labor General and administrative expenses 22,500 55,000 14,900 14,048 7,828 3,650 Raw purchases 42,588 65,500 Cash Sales Selling expenses 57,288 294,810 382,260 Accounts receivable, net 21,000 14,288 16,200 23,450 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 bath 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Goods available for sale Cost of goods sold Garcon Company Pepper Company $
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