Using the following data, Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory 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 General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net ccounts receivable, net Garcon Company $ 14,100 17,900 10,000 32,500 21,400 19,400 22,000 7,400 13,500 8,800 34,500 1,850 6,860 46,000 53,600 225,030 28,000 242,500 13,800 Pepper Company $ 16,900 20,100 9,150 25,600 39,000 16,300 20,200 8,800 12,500 3,900 50,000 9,580 2,450 52,500 58,600 310,010 20,700 133,825 24,200

Using the following data, Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory 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 General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net ccounts receivable, net Garcon Company $ 14,100 17,900 10,000 32,500 21,400 19,400 22,000 7,400 13,500 8,800 34,500 1,850 6,860 46,000 53,600 225,030 28,000 242,500 13,800 Pepper Company $ 16,900 20,100 9,150 25,600 39,000 16,300 20,200 8,800 12,500 3,900 50,000 9,580 2,450 52,500 58,600 310,010 20,700 133,825 24,200

Managerial Accounting

15th Edition

ISBN:9781337912020

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

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

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 24E

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