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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
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 $ 13,000 16,800 10,600 34,750 21,000 20,600 22,900 7,600 9, 150 13,600 28,500 2.200 5,900 44,500 60,800 201,030 33,000 227,500 15,800 Pepper Company $ 16,300 22,500 9, 150 23,500 38,200 13, 100 21,400 7,600 15,000 5,800 46,000 8,380 3,000 62,500 47,500 312,510 18,200 145, 825 19,450 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Com December 31, 2019 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Compan December 31, 2019. 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 December 31, 2019. Garcon Company $ 13,000 Pepper Company 16,300 Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold $ 0 $ 0 (Required 1 Required 2 )
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