The following data is provided for Garcon Company and Pepper Company for the year ended December 31.GarconCompany$ 12,00014,5007,25027,00019,00017,650Finished goods inventory, beginningWork in process inventory, beginningRaw materials inventory, beginningRental cost on factory equipmentDirect laborFinished goods inventory, endingWork in process inventory, endingRaw materials inventory, endingFactory utilitiesGeneral and administrative expensesIndirect laborRepairs-Factory equipmentRaw materials purchasesSelling expensesSalesCashAccounts receivable, net22,0005,3009,00021,0009,4504,780Required 1 Required 233,00050,000195,03020,00013, 200Direct materialsPepperCompany$ 16,45019,9509,0001. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year endedDecember 31.Raw materials available for use22,75035,00013,30016,0007,20012,00043,00010,8601,5002. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year endedDecember 31.52,00046,000290,010Complete this question by entering your answers in the tabs below.15,70019,450GarconCompanyComplete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year endedDecember 31.PepperCompany

Name: The following data is provided for Garcon Company and Pepper Company
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Description: The following data is provided for Garcon Company and Pepper Company for the year ended December 31.GarconCompany$ 12,00014,5007,25027,00019,00017,650Finished goods inventory, beginningWork in process inventory, beginningRaw materials inventory, beg

The statement of cost of goods manufactured includes the cost of goods that are manufactured during…

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Accounting

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 12,000 14,500 7,250 27,000 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 Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net 19,000 17,650 22,000 5,300 9,000 21,000 9,450 4,780 33,000 50,000 195,030 20,000 13,200 Pepper Company $ 16,450 19,950 9,000 22,750 35,000 13,300 16,000 7,200 12,000 43,000 10,860 1,500 52,000 46,000 290,010 15,700 19,450 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended ecember 31. . Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended ecember 31. Complete this question by entering your answers in the tabs below.

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 12,000 14,500 7,250 27,000 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 Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net 19,000 17,650 22,000 5,300 9,000 21,000 9,450 4,780 33,000 50,000 195,030 20,000 13,200 Pepper Company $ 16,450 19,950 9,000 22,750 35,000 13,300 16,000 7,200 12,000 43,000 10,860 1,500 52,000 46,000 290,010 15,700 19,450 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended ecember 31. . Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended ecember 31. Complete this question by entering your answers in the tabs below.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 12PB: The following data summarize the operations during the year. Prepare a journal entry for each...

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