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. Finished goods inventory, beginning work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Garcon Company $ 12,800 15,600 Pepper Company $ 19,300 23,250 7,700 13,200 31,500 22,450 19,800 37,800 Finished goods inventory, ending 18,508 15,500 Work in process inventory, ending 25,608 20,800 Raw materials inventory, ending 6,800 8,200 Factory utilities 13,050 14,000 General and administrative expenses 31,000 48,500 Indirect labor 13,400 14,220 Repairs Factory equipment 6,988 2,050 Raw materials purchases 34,500 63,500 Selling expenses 55,608 46,900 Sales 275,108 378,780 Cash 24,800 22,788 Accounts receivable, net 16,400 21,700 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 1 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 inventory, beginning Add: Raw materials purchases Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Garcon Company Pepper Company 0 0 0 Cost of goods manufactured S 0 S Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Goods available for sale Cost of goods sold Garcon Company Pepper Company S S 0 The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Finished goods inventory, beginning work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Garcon Company $ 12,800 15,600 Pepper Company $ 19,300 23,250 7,700 13,200 31,500 22,450 19,800 37,800 Finished goods inventory, ending 18,508 15,500 Work in process inventory, ending 25,608 20,800 Raw materials inventory, ending 6,800 8,200 Factory utilities 13,050 14,000 General and administrative expenses 31,000 48,500 Indirect labor 13,400 14,220 Repairs Factory equipment 6,988 2,050 Raw materials purchases 34,500 63,500 Selling expenses 55,608 46,900 Sales 275,108 378,780 Cash 24,800 22,788 Accounts receivable, net 16,400 21,700 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 1 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 inventory, beginning Add: Raw materials purchases Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Garcon Company Pepper Company 0 0 0 Cost of goods manufactured S 0 S Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Goods available for sale Cost of goods sold Garcon Company Pepper Company S S 0
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