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 $ 14,600 16,800 10,300 28,500 19,000 18,950 25,000 6,700 12,900 33,000 15,500 6,020 38,500 56,400 297,690 23,000 14,600 Pepper Company $ 18,850 21,600 14,400 24,100 40,200 13,900 19, 200 8,400 12,250 56,000 15,720 2,550 54,000 51,100 378,770 16, 200 19,450

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 $ 14,600 16,800 10,300 28,500 19,000 18,950 25,000 6,700 12,900 33,000 15,500 6,020 38,500 56,400 297,690 23,000 14,600 Pepper Company $ 18,850 21,600 14,400 24,100 40,200 13,900 19, 200 8,400 12,250 56,000 15,720 2,550 54,000 51,100 378,770 16, 200 19,450

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter26: Manufacturing Accounting: The Job Order Cost System

Section: Chapter Questions

Problem 2SEB: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Sanchez Welding and...

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