Please do not give solution in image format thanku [The following information applies to the questions displayed below.]The following data is provided for Garcon Company and Pepper Company for the year ended December 31.Finished goods inventory, beginningWork in process inventory, beginningRaw materials inventory, beginningRental cost on factory equipmentDirect laborFinished goods inventory, endingWork in process inventory, endingRaw materials inventory, endingFactory utilitiesGeneral and administrative expensesIndirect laborRepairs-Factory equipment.Raw materials purchasesSelling expensesSalesCashAccounts receivable, netGarconCompany$ 14, 20018, 20010, 60028,00024, 20021, 20027,7005,50010, 80027,00013, 2005,18639,00057, 200287,67024,00013,400PepperCompany$ 18,40020,40011,85022,99037,00014, 100.22,0009,00014,75051,00011,7801,70053,00047,800377,26018. 20020,700 Complete this question by entering your answers in the tabs below.Required 1 Required 2Compute the total prime costs for both Garcon Company and Pepper Company.PepperCompanyTotal prime costsRequired 1Complete this question by entering your answers in the tabs below.Required 2GarconCompanyTotal conversion costsCompute the total conversion costs for both Garcon Company and Pepper Company.GarconCompanyRequired 2 >PepperCompany< Required 1

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College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter26: Manufacturing Accounting: The Job Order Cost System

Section: Chapter Questions

Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

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Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Compute the total prime costs for both Garcon Company and Pepper Company.
Pepper
Company
Total prime costs
Required 1
Complete this question by entering your answers in the tabs below.
Required 2
Garcon
Company
Total conversion costs
Compute the total conversion costs for both Garcon Company and Pepper Company.
Garcon
Company
Required 2 >
Pepper
Company
< Required 1

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