The following data is provided for Garcon Company and Pepper Company for the year ended...

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Accounting

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company Pepper Company Finished goods inventory, beginning $ 14,500 $ 19,150 Work in process inventory, beginning 14,700 20,100 Raw materials inventory, beginning 9,100 11,550 Rental cost on factory equipment 35,000 24,550 Direct labor 24,200 39,000 Finished goods inventory, ending 21,500 16,800 Work in process inventory, ending 26,500 20,000 Raw materials inventory, ending 5,800 7,600 Factory util

The following data is provided for Garcon Company and Pepper Company for the year ended December 31.

Garcon Company Pepper Company
Finished goods inventory, beginning $ 14,500 $ 19,150
Work in process inventory, beginning 14,700 20,100
Raw materials inventory, beginning 9,100 11,550
Rental cost on factory equipment 35,000 24,550
Direct labor 24,200 39,000
Finished goods inventory, ending 21,500 16,800
Work in process inventory, ending 26,500 20,000
Raw materials inventory, ending 5,800 7,600
Factory utilities 12,150 15,000
General and administrative expenses 21,000 48,500
Indirect labor 12,750 12,400
RepairsFactory equipment 5,180 2,750
Raw materials purchases 40,500 55,000
Selling expenses 50,800 56,500
Sales 292,020 374,580
Cash 32,000 23,700
Accounts receivable, net 16,000 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.

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