Question

this is all number 2 so please don't skip. number 2 has 2 required tabs as shown in the pictures please complete all.

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. Pepper Company 16,450 19,950 9,000 Garcon Company 12,000 14,500 7,250 27,000 19,000 17,650 22,000 5,300 9,000 8,200 21,000 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment 22,750 35,000 13,300 Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory 7,200 12,000 3,200 43,000 7,660 utilities actory Factory supplies used (indirect materials) General and administrative expenses Indirect labor 1,250 4,780 33,000 50,000 195,030 20,000 212,500 13,200 500 52,000 46,000 290,010 Repairs-Factory equipment Raw materials purchases Selling expenses Sales 15,700 115,825 Cash Factory equipment, net Accounts receivable, net 19,450 Exercise 01-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: 1. Complete the table to find the cost of qoods manufactured for both Garco Screenshot and Pepper Company for the

required 2 is part of number 2^

Answer 1

Required 1
				Garcon	Pepper
				company	Company
Direct Materials
Beginning raw materials inventory				7,250	9,000
Raw materials purchases				33,000	52,000
Raw materials available for use				40,250	61,000
Ending raw materials inventory				5,300	7,200
Direct materials used				19,000	35,000
Direct labor				23,600	43,000
Factory overhead
Rental cost on factory equipment				27,000	22,750
Factory utilities				9,000	12,000
Factory supplies used				8,200	3,200
Indirect labor				1,250	7,660
Repairs- factory equipment				4,780	1,500
Total factory overhead				50,230	47,110
total manufacturing costs				92,830	125,110
Add:Beginning work in process				14,500	19,950
total cost of WIP				107,330	145,060
less:Ending work in process inventory				22,000	16000
Cost of goods manufactured				85,330	129,060

				Garcon	Pepper
				Company	Company
Beginning finished goods inventory				12,000	16,450
Add:Cost of goods manufactured				85,330	129,060
Cost of goods available for sale				97,330	145,510
less:Ending finished goods inventory				17,650	13,300
Cost of goods sold				79,680	132,210