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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 Rental
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory 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 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 15,300 10,400 28,000 21,400 17,900 23,200 5,300 14,850 10,660 34,000 1,350 7,100 47,000 50,000 247,530 34,000 272,500 15,200 Pepper Company $ 17,500 22,500 12,150 22,750 44,600 14,200 21,400 8,800 15,000 3,400 53,000 9,880 2,250 68,000 58,600 307,510 19,200 145, 825 20,450 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, 2017 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017 Garcon Company Pepper Company Direct materials Beginning raw materials inventory Add Raw materials purchases Raw materials available for use 0 Direct materials used 0 0 Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 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, 2017 Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold $ 0$ 0
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