Required information Use the following information for the Exercises below. (Algo) [The following information applies...
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Accounting
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] 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 $ 12,100 16,000 Pepper Company $ 16,150 23,400 11,800 9,900 33,250 24,700 22,600 35,800 Finished goods inventory, ending 19,400 16,000 Work in process inventory, ending 22,600 19,400 Raw materials inventory, ending 6,900 7,600 Factory utilities 12,750 16,250 General and administrative expenses 26,500 44,000 Indirect labor 10,800 12,480 Repairs-Factory equipment 6,860 3,400 Raw materials purchases 42,500 60,000 Selling expenses 59,200 49,900 Sales 291,750 393,640 Cash 26,000 18,700 Accounts receivable, net 14,400 20,450 Exercise 14-9 (Algo) Computing prime and conversion costs LO C2 1. Compute the total prime costs for both Garcon Company and Pepper Company. 2. Compute the total conversion costs for both Garcon Company and Pepper Company. Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Direct materials used Total prime costs < Required 1 Required 2 > Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Total conversion costs < Required 1 Required 2 >
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