sarcon Company and Pepper Company for the year ended December 31. Garcon. Company $ 14,300 17,200 7,700 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Rav materials inventory, ending Factory utilities Ceneral and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net 34,250 23,200 17,900 23,800 6,100 12,150 34,000 12,800 5,300 48,000 54,000 202,240 33,000 16,800 Pepper Company $ 19,150 23,850 10,950 25,150 39,400 16,300 18,000 8,400 14,000 54,000 12,700 2,950 66,000 58,600 382,000 19,200 21,950 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the yea December 31.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 12E: a. Based on the data in Exercise 17-11, determine the following: 1. Cost of beginning work in...
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Required information.
[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, beginning
Work in process inventory, beginning
Raw materials inventory, beginning
Rental cost on factory equipment
Direct labor
Finished goods inventory, ending.
Work in process inventory, ending
Rav materials inventory, ending
Factory utilities
General and administrative expenses
Indirect labor
Repairs-Factory equipment
Raw materials purchases
Selling expenses
Sales
Cash
Accounts receivable, net
Required 1 Required 2
Garcon
Company
$ 14,300
17,200
7,700
34,250
23,200
17,900
23,800
1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year
ended December 31.
2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended
December 31.
Direct materials
6,100
12,150
34,000
12,800
5,300
48,000
54,000
282,240
33,000
16,800
Complete this question by entering your answers in the tabs below.
Raw materials available for use
Garcon
Company
Pepper
Company
$ 19,150
23,850
10,950
25,150
39,400
16,300
18,000
8,400
14,000
54,000
12,700
Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended
December 31.
2,950
66,000
58,600
382,000
19,200
21,950
Pepper
Company
Transcribed Image Text:Required information. [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, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending. Work in process inventory, ending Rav materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Required 1 Required 2 Garcon Company $ 14,300 17,200 7,700 34,250 23,200 17,900 23,800 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Direct materials 6,100 12,150 34,000 12,800 5,300 48,000 54,000 282,240 33,000 16,800 Complete this question by entering your answers in the tabs below. Raw materials available for use Garcon Company Pepper Company $ 19,150 23,850 10,950 25,150 39,400 16,300 18,000 8,400 14,000 54,000 12,700 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2,950 66,000 58,600 382,000 19,200 21,950 Pepper Company
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year e
December 31.
Direct materials
Raw materials available for use
Direct materials used
Factory overhead
Total factory overhead
Total manufacturing costs
Total cost of work in process
Cost of goods manufactured
Required 1
Required 2
Garcon
Company
Complete this question by entering your answers in the tabs below.
Goods available for sale
Resvired 1
Cost of goods sold
Pepper
Company
Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for
December 31.
Garcon
Company
Required 2 >
< Required 1
Pepper
Company
Required 2 >
Transcribed Image Text:Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year e December 31. Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Garcon Company Complete this question by entering your answers in the tabs below. Goods available for sale Resvired 1 Cost of goods sold Pepper Company Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for December 31. Garcon Company Required 2 > < Required 1 Pepper Company Required 2 >
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