The following data is provided for Garcon Company and Pepper Company. ...
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Accounting
The following data is provided for Garcon Company and Pepper Company.
Garcon Company | Pepper Company | ||||||||
Beginning finished goods inventory | $ | 13,200 | $ | 17,500 | |||||
Beginning work in process inventory | 15,700 | 21,600 | |||||||
Beginning raw materials inventory (direct materials) | 7,400 | 14,400 | |||||||
Rental cost on factory equipment | 31,250 | 24,550 | |||||||
Direct labor | 25,000 | 36,600 | |||||||
Ending finished goods inventory | 21,200 | 14,300 | |||||||
Ending work in process inventory | 22,900 | 19,000 | |||||||
Ending raw materials inventory | 6,100 | 7,400 | |||||||
Factory utilities | 11,550 | 14,500 | |||||||
Factory supplies used (indirect materials) | 12,100 | 4,300 | |||||||
General and administrative expenses | 29,500 | 50,000 | |||||||
Indirect labor | 2,100 | 8,140 | |||||||
RepairsFactory equipment | 6,740 | 1,950 | |||||||
Raw materials purchases | 42,000 | 59,000 | |||||||
Selling expenses | 54,400 | 55,000 | |||||||
Sales | 207,030 | 292,510 | |||||||
Cash | 23,000 | 22,700 | |||||||
Factory equipment, net | 262,500 | 133,825 | |||||||
Accounts receivable, net | 15,800 | 24,200 | |||||||
|
December 31, 2019.
|
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