equired Information The following Information applies to the questions displayed below.] he following data is provided for Garcon Company and Pepper Company for the year ended December 3 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 Garcon Company $ 13,600 14,700 8,100 33,250 19,800 prime costs 17,150 22,900 6,000 9,750 24,000 Required 2 13,950 7,700 38,000 56,400 289,860 23,000 15,000 Pepper Company $ 16,150 23,400 12,750 25,750 43,000 15,900 21,000 9,400 16,500 45,500 15,600 3,650 69,500 55,900 mpute the total prime costs for both Garcon Company and Pepper Company. mpute the total conversion costs for both Garcon Company and Pepper Company. 392,640 23,200 20,950 mplete this question by entering your answers in the tabs below. quired 1 pute the total prime costs for both Garcon Company and Pepper Company. Garcon Pepper Company Company

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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
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
Garcon
Company
$ 13,600
14,700
8,100
33,250
Total prime costs
19,800
17,150
22,900
6,000
9,750
Required 2
24,000
13,950
7,700
38,000
56,400
289,860
23,000
15,000
Pepper
Company
$ 16,150
23,400
12,750
25,750
43,000
15,900
21,000
9,400
16,500
45,500
15,600
3,650
69,500
55,900
392,640
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.
23,200
20,950
Complete this question by entering your answers in the tabs below.
Required
Compute the total prime costs for both Garcon Company and Pepper Company.
Garcon
Pepper
Company
Company
Transcribed Image Text: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 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 Garcon Company $ 13,600 14,700 8,100 33,250 Total prime costs 19,800 17,150 22,900 6,000 9,750 Required 2 24,000 13,950 7,700 38,000 56,400 289,860 23,000 15,000 Pepper Company $ 16,150 23,400 12,750 25,750 43,000 15,900 21,000 9,400 16,500 45,500 15,600 3,650 69,500 55,900 392,640 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. 23,200 20,950 Complete this question by entering your answers in the tabs below. Required Compute the total prime costs for both Garcon Company and Pepper Company. Garcon Pepper Company Company
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
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
Garcon
Company
$ 13,600
14,700
8,100
33,250
19,800
Total conversion costs
17,150
22,900
6,000
9.750
Pepper
Company
24,000
13,950
7,700
38,000
56,400
289,860
23,000
15,000
Pepper
Company
$ 16,150
23,400
12,750
25,750
43,000
15,900
21,000
9,400
16,500
45,500
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.
15,600
3,650
69,500
55,900
392,640
23,200
20,950
Complete this question by entering your answers in the tabs below.
Required! Required 2
Compute the total conversion costs for both Garcon Company and Pepper Company.
Garcon
Company
Transcribed Image Text: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 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 Garcon Company $ 13,600 14,700 8,100 33,250 19,800 Total conversion costs 17,150 22,900 6,000 9.750 Pepper Company 24,000 13,950 7,700 38,000 56,400 289,860 23,000 15,000 Pepper Company $ 16,150 23,400 12,750 25,750 43,000 15,900 21,000 9,400 16,500 45,500 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. 15,600 3,650 69,500 55,900 392,640 23,200 20,950 Complete this question by entering your answers in the tabs below. Required! Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Company
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