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.
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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