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Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Compa December 31. Garcon Company Pepper Company Direct materials Raw materials inventory, beginning $ 7,700 $ 9,150 Add: Raw materials purchases 38,500 68,500 Raw materials available for use 46,200 77,650 39,300 68,850 6,900 8,800 Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured 0 0 0 0 $ 0 $ 0 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. Garcon Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $ 13,600 15,200 7,700 $ 16,300 20,850 9,150 29,250 26,200 23,600 35,800 Finished goods inventory, ending 21,500 14,000 Work in process inventory, ending 22,300 18,200 Raw materials inventory, ending 6,900 8,800 Factory utilities 13,500 13,500 General and administrative expenses 34,000 52,000 Indirect labor 11,350 13,360 Repairs-Factory equipment 5,660 2,050 Raw materials purchases 38,500 68,500 Selling expenses 53,200 51,100 Sales 286,140 376,540 Cash 26,000 16,700 Accounts receivable, net 15,800 23,700

Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Compa December 31. Garcon Company Pepper Company Direct materials Raw materials inventory, beginning $ 7,700 $ 9,150 Add: Raw materials purchases 38,500 68,500 Raw materials available for use 46,200 77,650 39,300 68,850 6,900 8,800 Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured 0 0 0 0 $ 0 $ 0 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. Garcon Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $ 13,600 15,200 7,700 $ 16,300 20,850 9,150 29,250 26,200 23,600 35,800 Finished goods inventory, ending 21,500 14,000 Work in process inventory, ending 22,300 18,200 Raw materials inventory, ending 6,900 8,800 Factory utilities 13,500 13,500 General and administrative expenses 34,000 52,000 Indirect labor 11,350 13,360 Repairs-Factory equipment 5,660 2,050 Raw materials purchases 38,500 68,500 Selling expenses 53,200 51,100 Sales 286,140 376,540 Cash 26,000 16,700 Accounts receivable, net 15,800 23,700

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 27E: Selected information concerning the operations of a company for the year ended December 31 is as...
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Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Compa December 31. Garcon Company Pepper Company Direct materials Raw materials inventory, beginning $ 7,700 $ 9,150 Add: Raw materials purchases 38,500 68,500 Raw materials available for use 46,200 77,650 39,300 68,850 6,900 8,800 Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured 0 0 0 0 $ 0 $ 0
Transcribed Image Text:Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Compa December 31. Garcon Company Pepper Company Direct materials Raw materials inventory, beginning $ 7,700 $ 9,150 Add: Raw materials purchases 38,500 68,500 Raw materials available for use 46,200 77,650 39,300 68,850 6,900 8,800 Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured 0 0 0 0 $ 0 $ 0
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. Garcon Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $ 13,600 15,200 7,700 $ 16,300 20,850 9,150 29,250 26,200 23,600 35,800 Finished goods inventory, ending 21,500 14,000 Work in process inventory, ending 22,300 18,200 Raw materials inventory, ending 6,900 8,800 Factory utilities 13,500 13,500 General and administrative expenses 34,000 52,000 Indirect labor 11,350 13,360 Repairs-Factory equipment 5,660 2,050 Raw materials purchases 38,500 68,500 Selling expenses 53,200 51,100 Sales 286,140 376,540 Cash 26,000 16,700 Accounts receivable, net 15,800 23,700
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. Garcon Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $ 13,600 15,200 7,700 $ 16,300 20,850 9,150 29,250 26,200 23,600 35,800 Finished goods inventory, ending 21,500 14,000 Work in process inventory, ending 22,300 18,200 Raw materials inventory, ending 6,900 8,800 Factory utilities 13,500 13,500 General and administrative expenses 34,000 52,000 Indirect labor 11,350 13,360 Repairs-Factory equipment 5,660 2,050 Raw materials purchases 38,500 68,500 Selling expenses 53,200 51,100 Sales 286,140 376,540 Cash 26,000 16,700 Accounts receivable, net 15,800 23,700
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