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sarcon Company and Pepper Company for the year ended December 31. Garcon. Company $ 14,300 17,200 7,700 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 Rav materials inventory, ending Factory utilities Ceneral and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net 34,250 23,200 17,900 23,800 6,100 12,150 34,000 12,800 5,300 48,000 54,000 202,240 33,000 16,800 Pepper Company $ 19,150 23,850 10,950 25,150 39,400 16,300 18,000 8,400 14,000 54,000 12,700 2,950 66,000 58,600 382,000 19,200 21,950 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the yea December 31.

sarcon Company and Pepper Company for the year ended December 31. Garcon. Company $ 14,300 17,200 7,700 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 Rav materials inventory, ending Factory utilities Ceneral and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net 34,250 23,200 17,900 23,800 6,100 12,150 34,000 12,800 5,300 48,000 54,000 202,240 33,000 16,800 Pepper Company $ 19,150 23,850 10,950 25,150 39,400 16,300 18,000 8,400 14,000 54,000 12,700 2,950 66,000 58,600 382,000 19,200 21,950 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the yea December 31.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 Rav materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Required 1 Required 2 Garcon Company $ 14,300 17,200 7,700 34,250 23,200 17,900 23,800 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. Direct materials 6,100 12,150 34,000 12,800 5,300 48,000 54,000 282,240 33,000 16,800 Complete this question by entering your answers in the tabs below. Raw materials available for use Garcon Company Pepper Company $ 19,150 23,850 10,950 25,150 39,400 16,300 18,000 8,400 14,000 54,000 12,700 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2,950 66,000 58,600 382,000 19,200 21,950 Pepper 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 Rav materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Required 1 Required 2 Garcon Company $ 14,300 17,200 7,700 34,250 23,200 17,900 23,800 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. Direct materials 6,100 12,150 34,000 12,800 5,300 48,000 54,000 282,240 33,000 16,800 Complete this question by entering your answers in the tabs below. Raw materials available for use Garcon Company Pepper Company $ 19,150 23,850 10,950 25,150 39,400 16,300 18,000 8,400 14,000 54,000 12,700 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2,950 66,000 58,600 382,000 19,200 21,950 Pepper Company
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 e December 31. Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Garcon Company Complete this question by entering your answers in the tabs below. Goods available for sale Resvired 1 Cost of goods sold Pepper Company Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for December 31. Garcon Company Required 2 > < Required 1 Pepper Company Required 2 >
Transcribed Image Text: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 e December 31. Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Garcon Company Complete this question by entering your answers in the tabs below. Goods available for sale Resvired 1 Cost of goods sold Pepper Company Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for December 31. Garcon Company Required 2 > < Required 1 Pepper Company Required 2 >
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