[The following information applies to the questions displayed below.} The following data is provided for Garcon Company and Pepper Company. Garcon Реpper Company Company $ 12,000 $ 16,450 19,950 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment 14,500 7,250 9,000 27,000 22,750 Direct labor 19,000 35,000 Ending finished goods inventory Ending work in process inventory 17,650 13,300 22,000 16,000 Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses 5,300 7,200 9,000 12,000 8,200 3,200 21,000 43,000 Indirect labor 1,250 7,660 Repairs-Factory equipment Raw materials purchases Selling expenses 4,780 1,500 33,000 52,000 50,000 46,000 Sales 195,030 290,010 Cash 20,000 15,700 Factory equipment, net Accounts receivable, net 212,500 115,825 13,200 19,450

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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Question 2- Part 2

[The following information applies to the questions displayed below.}
The following data is provided for Garcon Company and Pepper Company.
Garcon
Реpper
Company
Company
$ 12,000
$ 16,450
19,950
Beginning finished goods inventory
Beginning work in process inventory
Beginning raw materials inventory
Rental cost on factory equipment
14,500
7,250
9,000
27,000
22,750
Direct labor
19,000
35,000
Ending finished goods inventory
Ending work in process inventory
17,650
13,300
22,000
16,000
Ending raw materials inventory
Factory utilities
Factory supplies used
General and administrative expenses
5,300
7,200
9,000
12,000
8,200
3,200
21,000
43,000
Indirect labor
1,250
7,660
Repairs-Factory equipment
Raw materials purchases
Selling expenses
4,780
1,500
33,000
52,000
50,000
46,000
Sales
195,030
290,010
Cash
20,000
15,700
Factory equipment, net
212,500
115,825
Accounts receivable, net
13,200
19,450
Roforo ncos
Transcribed Image Text:[The following information applies to the questions displayed below.} The following data is provided for Garcon Company and Pepper Company. Garcon Реpper Company Company $ 12,000 $ 16,450 19,950 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment 14,500 7,250 9,000 27,000 22,750 Direct labor 19,000 35,000 Ending finished goods inventory Ending work in process inventory 17,650 13,300 22,000 16,000 Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses 5,300 7,200 9,000 12,000 8,200 3,200 21,000 43,000 Indirect labor 1,250 7,660 Repairs-Factory equipment Raw materials purchases Selling expenses 4,780 1,500 33,000 52,000 50,000 46,000 Sales 195,030 290,010 Cash 20,000 15,700 Factory equipment, net 212,500 115,825 Accounts receivable, net 13,200 19,450 Roforo ncos
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for
December 31, 2017.
Garcon
Pepper
Company
Company
Cost of goods available for sale
Cost of goods sold
< Required 1
Required 2 >
Transcribed Image Text:Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for December 31, 2017. Garcon Pepper Company Company Cost of goods available for sale Cost of goods sold < Required 1 Required 2 >
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