Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this is all number 2 so please don't skip. number 2 has 2 required tabs as shown in the pictures please complete all. required 2

this is all number 2 so please don't skip. number 2 has 2 required tabs as shown in the pictures please complete all.

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

required 2 is part of number 2^

Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company. Pepper Company 16,450 19,950 9,000 Garcon Company 12,000 14,500 7,250 27,000 19,000 17,650 22,000 5,300 9,000 8,200 21,000 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment 22,750 35,000 13,300 Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory 7,200 12,000 3,200 43,000 7,660 utilities actory Factory supplies used (indirect materials) General and administrative expenses Indirect labor 1,250 4,780 33,000 50,000 195,030 20,000 212,500 13,200 500 52,000 46,000 290,010 Repairs-Factory equipment Raw materials purchases Selling expenses Sales 15,700 115,825 Cash Factory equipment, net Accounts receivable, net 19,450 Exercise 01-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: 1. Complete the table to find the cost of qoods manufactured for both Garco Screenshot and Pepper Company for the Required information 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. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019. Garcon Pepper Company Company Direct materials Raw materials available for use Direct materials used 0 0 Factory overhead Screenshot Required information Direct materials Raw materials available for use 0 0 Direct materials used 0 0 Factory overhead Total factory overhead 0 0 Total manufacturing costs Total cost of work in process 0 0 $ 0 Cost of goods manufactured Required 1 Required 2 Screenshot Required information 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, 2019. Garcon pper Company Company Cost of goods available for sale $ Cost of goods sold $ 0 0 KRequired 1 Required 2 > Screenshot

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting The Ultimate Guide To Accounting Principles

Authors: Greg Shields

1st Edition

1722964839, 978-1722964832

More Books

Students also viewed these Accounting questions

Question

What has been your desire for leadership in CVS Health?

Answered: 1 week ago

Question

Question 5) Let n = N and Y Answered: 1 week ago

Answered: 1 week ago