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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)

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[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 $ 14,700 $ 17,050
Work in process inventory, beginning 15,200 20,550
Raw materials inventory, beginning 10,100 11,250
Rental cost on factory equipment 32,500 23,800
Direct labor 20,200 39,400
Finished goods inventory, ending 18,650 15,800
Work in process inventory, ending 22,000 17,400
Raw materials inventory, ending 7,200 7,400
Factory utilities 12,450 14,750
General and administrative expenses 27,000 52,500
Indirect labor 10,250 12,260
RepairsFactory equipment 6,860 3,200
Raw materials purchases 36,000 68,500
Selling expenses 50,400 53,500
Sales 276,690 372,350
Cash 20,000 18,700
Accounts receivable, net 16,400 22,950

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