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The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Finished goods inventory, beginning Work in process
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 Garcon Company $ 13,600 Pepper Company $ 16,300 21,000 18,600 10,300 9,450 33,750 26,800 Direct labor 19,400 37,400 Finished goods inventory, ending 21,200 15,800 Work in process inventory, ending 23,500 21,800 Raw materials inventory, ending 6,800 8,800 Factory utilities 11,850 13,000 General and administrative expenses 28,500 43,500 Indirect labor 13,950 12,580 Repairs-Factory equipment 6,020 3,750 Raw materials purchases 36,500 62,500 Selling expenses 50,800 55,300 Sales 280,530 383,660 Cash 27,000 17,200 Accounts receivable, net 16,000 24,200 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. Answer is complete but not entirely correct. 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 Direct labor Factory overhead 0 $ Pepper Company 19,400 $ 37,400 84,970 93,530 ( Total conversion costs $ 104,370 $ 130,930
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