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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
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. $ Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,500 15,300 10,400 32,500 24,600 21,050 25,600 7,400 10,200 13,300 30,500 1,900 5,060 41,500 57,200 204,030 30,000 227,500 15,600 Pepper Company 17,950 21,300 14,400 23, 350 35,800 16,500 20,400 9, 200 17,500 5,500 45,500 9,700 1,650 55,000 57,400 292,510 18,700 169,825 24,200 Exercise 14-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: . 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
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