Question

L o Vutlook Q Quizlet B Blackboard C apter 14 HW Chego SOS San lac Amazon 70 Required information Use the following information for the Exercises below. The following information applies to the questions displayed below. The following data is provided for Garcon Company and Pepper Company ook Terences $ 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 14,000 19,000 11,800 28, ege 22,200 20,150 24,700 6,700 12,600 12,700 26,000 1. See Pepper Company $ 17,880 22,350 11, 25e 26, 350 37,000 13, 100 17,809 8,400 15,500 5,000 55,000 8,740 3,500 55,500 41,500 58,000 207,03e 35,000 252, see 14.000 312,510 16,20e 124,825 21, 2ee < Prey, 7 of 10 !!! Next > here to search

Answer 1

Garcon Company Pepper Company 11800 41500 53300 6700 46600 22200 11250 55500 66750 8400 58350 37000 Direct Materials Beginning Raw Materials Inventory Add: Raw Materials purchases Raw Materials available for use Less: Ending Raw Materials Inventory Direct Materials used Direct Labor Factory Overhead: Rental Cost on Factory Equipment Factory Utilities Factory Supplies used Indirect Labor Repairs-Factory Equipment Total Factory Overhead Total Manufacturing Costs Add: Beginning Work in Process Inventory Total Cost of Work in Process Less: Ending Work in Process Inventory Cost of Goods Manufactured 28000 12600 12700 1800 6860 61960 130 760 19000 149760 24700 125060 26350 15500 5000 8740 3500 59090 154440 22350 176790 17800 158990 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 Company 14000 125060 139060 20150 118910 Pepper Company 17800 158990 176790 13 100 163690