Question

Chapter 14 Homework A Saved Help Save & Exit Submit Check my work Required information (The following information applies to the questions displayed below.) points The following data is provided for Garcon Company and Pepper Company eBook Hint Print References 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 Accounts receivable, net Garcon Company $ 12,900 17,100 9,600 30,000 22,800 21,350 27,100 5,500 15,000 13,000 25,000 2,500 6,980 43,500 57,200 241,530 29,000 232,500 15,600 Pepper Company $ 19,300 22,050 13,650 25, 300 44,600 15,400 21,800 9,200 14,000 3,300 53,000 8,200 2,250 59,000 52,900 335, 010 16,700 169,825 19,950
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Answer 1

solution : Required -1': Garcon PePPест company company Direct Materials Beginning raw materials inventory $9,600 . $13,550 Addi, Raw materials purchases $43,500 $ 59,000 Raw Materials available for use $53,100 $ 72,650 Less: Ending raw materials inventory $25,500) $19.220) Direct materials used $ 47,6oo $63,450 Direct Labor $22,800 $ ukiboo Factory overhead Indirect labor $2,500 $8,200 factory supplies used $13,000 $3,300 Factory utilities $15.000 $141000 Rent cost on Factory bonipment $ 30,000 $25,300 Repairs Factory equipment $.6,980 $2,250 Total Factory overhead $67,480 $53,050 Total Hanufacturing costs $137,880 $161,100 Addir Beginning work in progress inventory $ 17,100 $ 850 . Total cost of work in progress . $154,980 $183,150 Less Ending work in progress inventory $127,100) $(21,800) - cost of goods Manufactured $127,880 $161,350 .

Required - Beginning finished goods inventory Add!- cost of goods manufactured cost of goods available for sale Less; Ending Finished goods inventory .. cost of goods sold . Garcon pepper company company $12,900 $19,300 $ 127,890 $ 161,350 $140,780 $180,650 $(21,350) $(15,400) $119, 130 $165,250 Note's Total Manufacturing costs = Direct Materials used t Direct Labort - Total factory overhead

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