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Use the following information for the Exercises below. (Algo) Skip to question [The following information applies to the questions displayed below.] The following data is
Use the following information for the Exercises below. (Algo) Skip to question [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company Pepper Company Finished goods inventory, beginning $ 12,700 $ 17,050 Work in process inventory, beginning 16,900 21,450 Raw materials inventory, beginning 9,600 9,300 Rental cost on factory equipment 33,500 24,850 Direct labor 19,400 44,200 Finished goods inventory, ending 19,700 16,800 Work in process inventory, ending 26,200 17,000 Raw materials inventory, ending 6,000 7,600 Factory utilities 10,650 16,000 General and administrative expenses 28,000 52,000 Indirect labor 12,700 13,480 Repairs
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