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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 Direct labor Garcon Company $ 13,300 15,200 Pepper Company $ 18,850 23,400 13,800 8,800 32,000 24,700 24,600 42,200 Finished goods inventory, ending 18,200 16,700 Work in process inventory, ending 24,700 16,000 Raw materials inventory, ending 6,200 7,800) Factory utilities 14,400 12,500 General and administrative expenses 21,000 49,000 Indirect labor 11,000 13,860 Repairs-Factory equipment 5,060 2,800 Raw materials purchases 47,000 68,500 Selling expenses 62,000 48,400 Sales 298,020 381,570 Cash 21,000 18,2001 Accounts receivable, net 15,200 22,200 1. Complete the table to find the cost of goods manufactured for both 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 the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 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 Company Pepper Company + 0 0 0 0 0 0 $ 0 $ 0 1. Complete the table to find the cost of goods manufactured for both 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. Pepper Garcon Company Company + Goods available for sale Cost of goods sold $ 0 $ 0 < Required 1 Required 2 > < Prev 4 of 40 Next >
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