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 $ 14,100 16,800 10,400 31,500 20,400 19,250 22,300 5,600 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 12,600 34,000 12,050 7,700 41,000 52,400 273,000 30,000 15,000 Pepper Company $ 16,750 21,000 12,000 25,750 41,000 16,600 16,600 7,400 17,250 53,000 12,840 1,950 64,000 52,300 390, 210 17, 200 23,700 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Add: Finished goods inventory, ending Goods available for sale Cost of goods sold Garcon Pepper Company Company $ LA 0 $ 0 The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 14,100 16,800 10,400 31,500 20,400 19,250 22,300 5,600 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 12,600 34,000 12,050 7,700 41,000 52,400 273,000 30,000 15,000 Pepper Company $ 16,750 21,000 12,000 25,750 41,000 16,600 16,600 7,400 17,250 53,000 12,840 1,950 64,000 52,300 390, 210 17, 200 23,700 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Add: Finished goods inventory, ending Goods available for sale Cost of goods sold Garcon Pepper Company Company $ LA 0 $ 0
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