Please do not give solution in image format thanku The following data is provided for Garcon Company and Pepper Company for the year ended December 31.Garcon Company Pepper Company$ 17,200Finished goods inventory, beginning $ 15,000Work in process inventory, beginning 16,600Raw materials inventory, beginning 9,300Rental cost on factory equipment34,750Direct laborFinished goods inventory, endingWork in process inventory, endingRaw materials inventory, endingFactory utilitiesIndirect laborRepairs-Factory equipmentRaw materials purchasesSelling expensesGeneral and administrative expenses 23,50015,350SalesCashAccounts receivable, net22,20020,60024,4007,400Required 1 Required 214,100Goods available for sale6,260Cost of goods sold43,00055,200279,63033,00016,00021,600GarconCompany13,50022,750$41,00016,30018,4000 $< Required 19,40013,25057,5001. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year endedDecember 31.14,0002. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year endedDecember 31.3,700Complete this question by entering your answers in the tabs below.62,00048,100Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year endedDecember 31.396,81022,70019,950PepperCompany0Required 2 >

All costs and expenses which are directly associated with the creation of goods are included while…

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company Pepper Company $ 17,200 21,600 Finished goods inventory, beginning $ 15,000 Work in process inventory, beginning 16,600 Raw materials inventory, beginning 9,300 Rental cost on factory equipment 34,750 Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash 22,200 General and administrative expenses 23,500 Accounts receivable, net 20,600 24,400 7,400 14,100 15,350 6,260 43,000 55,200 279,630 33,000 16,000 13,500 22,750 41,000 16,300 18,400 9,400 13,250 57,500 14,000 3,700 62,000 48,100 396,810 22,700 19,950 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.

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company Pepper Company $ 17,200 21,600 Finished goods inventory, beginning $ 15,000 Work in process inventory, beginning 16,600 Raw materials inventory, beginning 9,300 Rental cost on factory equipment 34,750 Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash 22,200 General and administrative expenses 23,500 Accounts receivable, net 20,600 24,400 7,400 14,100 15,350 6,260 43,000 55,200 279,630 33,000 16,000 13,500 22,750 41,000 16,300 18,400 9,400 13,250 57,500 14,000 3,700 62,000 48,100 396,810 22,700 19,950 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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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