The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 12,800 17,400 10,500 34, 250 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 25,000 19, 700 23,500 7,100 10, 200 33, 000 9,900 6, 140 37,500 51, 200 282, 000 28,000 16, 400 Pepper Company $ 18, 400 23,700 11, 400 26, 200 40, 600 16,500 17, 200 8,000 14, 750 44,000 13,480 2,050 68,000 59, 200 371, 490 17, 700 23,950

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 12,800 17,400 10,500 34, 250 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 25,000 19, 700 23,500 7,100 10, 200 33, 000 9,900 6, 140 37,500 51, 200 282, 000 28,000 16, 400 Pepper Company $ 18, 400 23,700 11, 400 26, 200 40, 600 16,500 17, 200 8,000 14, 750 44,000 13,480 2,050 68,000 59, 200 371, 490 17, 700 23,950

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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