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HW2 - Chapter 18 i 4 20 points Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company Book Hint Garcon Company $ 13,000 18,600 8,500 33,250 21,000 19,350 26.800 5,600 12,900 13,000 32,000 1,700 5,780 47.000 56,800 228,030 26,000 212,500 15,600 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct Labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory wupplies used indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, bet Accounts receivable, net Pepper Company $ 16,000 23,250 11,700 22.750 38.200 13,300 16,200 8.200 12,250 4.600 45,000 8.920 3,850 67.500 50,200 322,510 16,200 115,825 19,950 fo References Exercise 18-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019 ME Ge 16 Check my work mode : This shows what is correct or incorre Required information reyuncu 4 YUCA Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper December 31, 2019. Garcon Company Pepper Company Direct materials $ Beginning raw materials inventory Add: Raw materials purchases Raw materials available for use Less: Ending raw materials inventory Direct materials used Direct labor Factory overhead Indirect labor Factory utilities Rental cost on factory equipment Repairs--Factory equipment 8,500 47,000 55,500 (5,600) 49,900 21,000 11,700 67,500 79,200 (8,200) 71,000 38,200 8.920 OOO 1,700 12,900 33.250 5,780 12,250 22,750 3,850 Total factory overhead Total manufacturing costs Add: Beginning work in process inventory Total cost of work in process Less: Ending work in process inventory Cost of goods manufactured 53,630 124,530% 18,600 143,130 26,800 116,330 $ 47,770 156,970 23,250 180,220 16,200 164,020 is Required Required 2 > 4 Exercise 18-8 Cost of goods manufactured and cost of goods sold nts Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Compa December 31, 2019. 2. Complete the table to calculate the cost of goods sold for both Garcon Company a December 31, 2019. X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepp December 31, 2019. Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold Garcon Pepper Company Company $ 13,000 16,000 124,530 X 156.970 137.530 172,970 26,800 X 16,200X $ 110,730 $ 156,770

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