The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory. Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,400 14,700 11,400 30,750 20,000 21,500 25,000 5,400 9,750 9,700 34,500 1,250 7,340 45,500 55,600 235,530 21,000 272,500 16,600 Pepper Company $ 17,650 22,800 11,250 24,100 45,000 15,000 17,800 7,800 12,000 3,600 58,000 7,960 1,900 55,000 58,600 337,510 21,700 133,825 22,700 1. Compute the total prime costs for both Garcon Company and Pepper Company.

The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory. Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,400 14,700 11,400 30,750 20,000 21,500 25,000 5,400 9,750 9,700 34,500 1,250 7,340 45,500 55,600 235,530 21,000 272,500 16,600 Pepper Company $ 17,650 22,800 11,250 24,100 45,000 15,000 17,800 7,800 12,000 3,600 58,000 7,960 1,900 55,000 58,600 337,510 21,700 133,825 22,700 1. Compute the total prime costs for both Garcon Company and Pepper Company.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 11E: The charges to Work in ProcessAssembly Department for a period, together with information concerning...

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