Required information$[$The following information applies to the questions displayed below.$]$The following data is provided for Garcon Company and Pepper Company for the year ended December $31.$$\backslash$table$[[,\backslash$table$[[$Garcon$],[$Company$]],\backslash$table$[[$Pepper$],[$Company$]]],[\backslash$table$[[$Finished goods inventory,$],[$beginning$]],12,000,16,45$$$\text{\$}$

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Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Finished goods inventory, beginning Garcon Pepper Company Company $ $ 12,000 16,450 Work in process inventory, beginning 14,500 19,950 Raw materials inventory, beginning 7,250 9,000 Rental cost on factory equipment 27,000 22,750 Direct labor 19,000 35,000 Finished goods inventory, 17,650 13,300 ending Work in process inventory, 22,000 16,000 ending Raw materials inventory, ending 5,300 7,200 9,000 12,000 21,000 43,000 Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net 9,450 10,860 4,780 1,500 33,000 52,000 50,000 46,000 195,030 290,010 20,000 15,700 13,200 19,450 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 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. Required 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. Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Garcon Company Pepper Company Pre Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Finished goods inventory, beginning Garcon Pepper Company Company $ $ 12,000 16,450 Work in process inventory, beginning 14,500 19,950 Raw materials inventory, beginning 7,250 9,000 Rental cost on factory equipment 27,000 22,750 Direct labor 19,000 35,000 Finished goods inventory, 17,650 13,300 ending Work in process inventory, 22,000 16,000 ending Raw materials inventory, ending 5,300 7,200 9,000 12,000 21,000 43,000 Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net 9,450 10,860 4,780 1,500 33,000 52,000 50,000 46,000 195,030 290,010 20,000 15,700 13,200 19,450 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 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. Required 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. Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Garcon Company Pepper Company Pre

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The following procedures must be followed in order to determine the cost of goods manufactured COGM Raw Materials Used Starting Inventory of ... View the full answer