Please do not give solution in image format thanku 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, endingWork in process inventory, endingRaw materials inventory, endingFactory utilitiesGeneral and administrative expensesIndirect laborRepairs-Factory equipmentRaw materials purchasesSelling expensesSalesCashAccounts receivable, netGarconCompany$ 13,60015,5008,600Required 1 Required 229,75021,20019,85027,4005,6009,75025,50016,0505,42040,50055,600276,63024,00014, 200Total conversion costsPepperCompany$ 17,35022,65014,85022,30043,00015,40019, 2001. Compute the total prime costs for both Garcon Company and Pepper Company.2. Compute the total conversion costs for both Garcon Company and Pepper Company.9,20017,75047,50014,5202,25059,00046,600373,70015,70021,950Complete this question by entering your answers in the tabs below.Compute the total conversion costs for both Garcon Company and Pepper Company.GarconCompanyPepperCompany 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, endingWork in process inventory, endingRaw materials inventory, endingFactory utilitiesGeneral and administrative expensesIndirect laborRepairs-Factory equipmentRaw materials purchasesSelling expensesSalesCashAccounts receivable, netGarconCompanyRequired 1 Required 2$ 13,60015,5008,60029,750Total prime costs21,20019,85027,4005,6009,75025,50016,0505,42040,50055,600276,63024,00014, 200PepperCompany$ 17,35022,65014,85022,30043,00015,40019, 2009,20017,75047,50014,5202,25059,0001. Compute the total prime costs for both Garcon Company and Pepper Company.2. Compute the total conversion costs for both Garcon Company and Pepper Company.46,600373,70015,70021,950Complete this question by entering your answers in the tabs below.Compute the total prime costs for both Garcon Company and Pepper Company.GarconCompanyPepperCompany

Prime cost comprises total direct costs of production. Factory overhead comprises all the indirect…

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company 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 $ 13,600 15,500 8,600 29,750 21, 200 19,850 27,400 5,600 9,750 25,500 16,050 5,420 40,500 55,600 276,630 24,000 14, 200 Pepper Company $ 17,350 22,650 14,850 22,300 43,000 15,400 19, 200 9,200 17,750 47,500 14,520 2,250 59,000 46,600 373,700 15,700 21,950 mpute the total prime costs for both Garcon Company and Pepper Company. ampute the total conversion costs for both Garcon Company and Pepper Company

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company 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 $ 13,600 15,500 8,600 29,750 21, 200 19,850 27,400 5,600 9,750 25,500 16,050 5,420 40,500 55,600 276,630 24,000 14, 200 Pepper Company $ 17,350 22,650 14,850 22,300 43,000 15,400 19, 200 9,200 17,750 47,500 14,520 2,250 59,000 46,600 373,700 15,700 21,950 mpute the total prime costs for both Garcon Company and Pepper Company. ampute the total conversion costs for both Garcon Company and Pepper Company

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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