Please do not give solution in image format thanku 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, beginningWork in process inventory, beginningRaw materials inventory, beginningRental cost on factory equipmentDirect laborFinished goods inventory, ending.Work in process inventory, endingRav materials inventory, endingFactory utilitiesGeneral and administrative expensesIndirect laborRepairs-Factory equipmentRaw materials purchasesSelling expensesSalesCashAccounts receivable, netRequired 1 Required 2GarconCompany$ 14,30017,2007,70034,25023,20017,90023,8001. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the yearended December 31.2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year endedDecember 31.Direct materials6,10012,15034,00012,8005,30048,00054,000282,24033,00016,800Complete this question by entering your answers in the tabs below.Raw materials available for useGarconCompanyPepperCompany$ 19,15023,85010,95025,15039,40016,30018,0008,40014,00054,00012,700Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year endedDecember 31.2,95066,00058,600382,00019,20021,950PepperCompany Complete this question by entering your answers in the tabs below.Required 1 Required 2Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year eDecember 31.Direct materialsRaw materials available for useDirect materials usedFactory overheadTotal factory overheadTotal manufacturing costsTotal cost of work in processCost of goods manufacturedRequired 1Required 2GarconCompanyComplete this question by entering your answers in the tabs below.Goods available for saleResvired 1Cost of goods soldPepperCompanyComplete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company forDecember 31.GarconCompanyRequired 2 >< Required 1PepperCompanyRequired 2 >

The statement of cost of goods manufactured includes the total manufacturing costs incurred during…

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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