Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on...
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Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Required Required 1 2 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Direct materials Raw materials inventory, beginning Add: Raw materials purchases Raw materials available for use 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Complete this question by entering your answers in the tabs below. Direct materials used Direct labor Factory overhead Rental cost on factory equipment Factory utilities Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Indirect labor Total factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process Less: Work in process inventory, ending Cost of goods manufactured Garcon Company $ 51,700 23,600 val CulI repper Company Company $ $ 15,000 16,150 16,700 24,000 9,700 12,300 34,250 25,900 23,600 39,000 18, 200 16,800 18,200 8,800 16,250 50,500 13,600 3,700 34,250 14,100 24,700 5,500 14,100 33,000 11,000 6,980 $ 9,700 $ 42,000 51,700 11,000 42,000 58,500 52,400 57,100 275,640 385,450 59,350 25,000 24,700 13,400 23,950 0 0 $ Pepper Company 12,300 58,500 70,800 70,800 39,000 25,900 16,250 13,600 55,750 0 0 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Required Required 1 2 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Direct materials Raw materials inventory, beginning Add: Raw materials purchases Raw materials available for use 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Complete this question by entering your answers in the tabs below. Direct materials used Direct labor Factory overhead Rental cost on factory equipment Factory utilities Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Indirect labor Total factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process Less: Work in process inventory, ending Cost of goods manufactured Garcon Company $ 51,700 23,600 val CulI repper Company Company $ $ 15,000 16,150 16,700 24,000 9,700 12,300 34,250 25,900 23,600 39,000 18, 200 16,800 18,200 8,800 16,250 50,500 13,600 3,700 34,250 14,100 24,700 5,500 14,100 33,000 11,000 6,980 $ 9,700 $ 42,000 51,700 11,000 42,000 58,500 52,400 57,100 275,640 385,450 59,350 25,000 24,700 13,400 23,950 0 0 $ Pepper Company 12,300 58,500 70,800 70,800 39,000 25,900 16,250 13,600 55,750 0 0
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