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The following data is provided for Garcon Company and Pepper Company. Garcon Company Beginning finished goods inventory Beginning work in process inventory Beginning raw materials
The following data is provided for Garcon Company and Pepper Company. Garcon Company Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) $ 13,800 Pepper Company $ 19,600 19,000 8,400 21,300 14,250 Rental cost on factory equipment 29,250 23,350 Direct labor 23,800 39,000 Ending finished goods inventory 19,250 15,200 Ending work in process inventory 22,900 19,400 Ending raw materials inventory 6,800 7,400 Factory utilities 13,200 12,500 General and administrative expenses Factory supplies used (indirect materials) 9,700 5,700 25,000 51,000 Indirect labor 1,350 8,320 Repairs-Factory equipment 6,860 2,950 Raw materials purchases 47,500 64,500 Selling expenses Sales Cash Factory equipment, net Accounts receivable, net 56,400 46,600 216,030 317,510 27,000 252,500 14,200 20,700 136,825 19,950 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019. Complete this question by entering your answers in the tabs below. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019. Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Garcon Pepper Company Company Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019. Cost of goods available for sale Cost of goods sold Garcon Pepper Company Company
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