The following data is provided for Garcon Company and Pepper Company for the year ended December...
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The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 13,600 Pepper Company $ 18,700 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor 15,100 21,600 11,400 13,650 27,250 25,750 23,600 39,800 Finished goods inventory, ending 20,450 15,900 Work in process inventory, ending 23,200 16,200 Raw materials inventory, ending 7,000 9,200 Factory utilities. 9,600 15,750 General and administrative expenses 26,000 46,000 Indirect labor 12,900 12,320 Repairs-Factory equipment. 5,540 2,450 Raw materials purchases 42,000 54,500 Selling expenses 60,400 49,300 Sales 279,900 374,770 Cash 24,000 15,700 Accounts receivable, net 17,000 22,450 Exercise 14-9 (Algo) Computing prime and conversion costs LO C2 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. Total prime costs Garcon Company Pepper Company Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Total conversion costs Garcon Company Pepper Company The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 13,600 Pepper Company $ 18,700 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor 15,100 21,600 11,400 13,650 27,250 25,750 23,600 39,800 Finished goods inventory, ending 20,450 15,900 Work in process inventory, ending 23,200 16,200 Raw materials inventory, ending 7,000 9,200 Factory utilities. 9,600 15,750 General and administrative expenses 26,000 46,000 Indirect labor 12,900 12,320 Repairs-Factory equipment. 5,540 2,450 Raw materials purchases 42,000 54,500 Selling expenses 60,400 49,300 Sales 279,900 374,770 Cash 24,000 15,700 Accounts receivable, net 17,000 22,450 Exercise 14-9 (Algo) Computing prime and conversion costs LO C2 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. Total prime costs Garcon Company Pepper Company Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Total conversion costs Garcon Company Pepper Company
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Computing Prime and Conversion Costs 1 Total Prime Costs Prime costs include direct materials used and direct labor We dont have the information for d... View the full answer
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