Required information The following information applies to the questions displaye

Question

Required information The following information applies to the questions displayed below. The following data is provided for Garcon Company and Pepper Company 20 Doints Garcon Company Pepper Company eBook Beginning finished goods inventory Beginning work in 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 $ 12,500 15,880 9,800 27,750 19,450 20,858 9,450 process Hint Print 21,280 19,556 25,15 48,688 15,280 References 25,600 19,688 7,980 11,100 9,100 9,280 14,758 5,500 32, 500 55,5ee 9,648 2,458 52,580 49,6aa 337,510 24,700 142,825 20,280 1,850 36,000 63,680 238,530 28,000 282,58e 17,000 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended s Prev 2 of 4 Next

Explanation / Answer

Cost of goods manufactured :

Cost of goods sold schedule :

Garcon company Pepper company Beginning raw material 9800 9450 Raw material purchase 36000 52500 Raw material available for use 45800 61950 Less: Ending raw material -7900 -9200 Raw material used in production 37900 52750 Direct labour 21200 40600 Factory overhead Rent cost of factory 27750 25150 Factory utilities 11100 14750 Factory supplies 9100 5500 Indirect labour 1850 9640 Repairs 7700 2450 Total Factory overhead 57500 57490 Total manufacturing cost 117900 150840 Beginning work in process 15800 20850 Total cost of work in process 132400 171690 Less: Ending work in process -25600 -19600 Cost of goods manufactured 106800 152090

Related Questions

Navigate

• Browse (All)
• Browse R
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.