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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 $ 12,100 15,900 9,100 29,000 21,800 21,200 27,400 7,400 10,200 8,500 26,000 2,100 6, 380 44,500 64,000 225,030 30,000 237,500 16,800 Pepper Company $ 19,750 22,050 13,200 24,100 39,000 13,900 20,400 7,200 12,750 4,300 49,000 9,040 3,200 52,500 53,200 347,510 19,700 142,825 24,450 Exercise 14-9 Preparing financial statements for a manufacturer LO C4, P2 Required information Required: 1. Compute the total prime costs for both Garcon Company and Pepper Company. 2. Compute the total conversion costs for both Garcon Company and Pepper Company. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Direct materials Raw materials available for use 0 0 Direct materials used 0 0 Total prime costs $ 0 $ 0
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