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Use the following information for the Exercises below. Skip to question [The following information applies to the questions displayed below.] The following data is provided

Use the following information for the Exercises below.

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[The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company.

Garcon Company Pepper Company
Beginning finished goods inventory $ 13,000 $ 16,900
Beginning work in process inventory 15,000 21,000
Beginning raw materials inventory 7,400 9,450
Rental cost on factory equipment 33,250 26,200
Direct labor 23,400 39,800
Ending finished goods inventory 18,050 16,400
Ending work in process inventory 26,800 18,000
Ending raw materials inventory 7,600 9,000
Factory utilities 14,250 15,000
Factory supplies used 12,400 5,900
General and administrative expenses 25,000 43,000
Indirect labor 1,250 8,680
RepairsFactory equipment 6,860 3,850
Raw materials purchases 36,000 65,000
Selling expenses 58,000 53,800
Sales 210,030 297,510
Cash 22,000 21,200
Factory equipment, net 222,500 142,825
Accounts receivable, net 16,200 21,450

Exercise 18-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2

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.

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Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017. Garcon Company Pepper Company Direct materials Raw materials available for use 0 0 Direct materials used 0 0 Factory overhead 0 Total factory overhead Total manufacturing costs Total cost of work in process 0 0 Cost of goods manufactured $ 0 $ 0 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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