Finished goods inventory, ending 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 Garcon Company $ 14,500 Pepper Company $ 18,700 18,200 21,600 11,000 14,850 33,250 25,450 22,000 36,200 18,800 14,900 Work in process inventory, ending 27,700 21,200 Raw materials inventory, ending 6,700 10,000 Factory utilities 13,500 15,250 General and administrative expenses 23,000 59,000 Indirect labor 12,150 12,760 Repairs-Factory equipment 4,820 3,850 Raw materials purchases 37,500 62,000 Selling expenses 53,600 53,800 Sales Cash Accounts receivable, net 276,720 376,880 27,000 23,200 15,800 23,450
Finished goods inventory, ending 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 Garcon Company $ 14,500 Pepper Company $ 18,700 18,200 21,600 11,000 14,850 33,250 25,450 22,000 36,200 18,800 14,900 Work in process inventory, ending 27,700 21,200 Raw materials inventory, ending 6,700 10,000 Factory utilities 13,500 15,250 General and administrative expenses 23,000 59,000 Indirect labor 12,150 12,760 Repairs-Factory equipment 4,820 3,850 Raw materials purchases 37,500 62,000 Selling expenses 53,600 53,800 Sales Cash Accounts receivable, net 276,720 376,880 27,000 23,200 15,800 23,450
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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