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[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.
Garcon Company
Pepper Company
Finished goods inventory, beginning
$ 13,600
$ 17,500
Work in process inventory, beginning
17,900
20,700
Raw materials inventory, beginning
10,900
13,950
Rental cost on factory equipment
29,500
25,000
Direct labor
21,200
40,600
Finished goods inventory, ending
20,000
14,100
Work in process inventory, ending
28,000
17,000
Raw materials inventory, ending
7,300
9,800
Factory utilities
10,950
15,250
General and administrative expenses
21,500
53,000
Indirect labor
10,400
13,040
RepairsFactory equipment
7,100
3,700
Raw materials purchases
39,500
53,000
Selling expenses
62,000
51,100
Sales
296,370
392,240
Cash
21,000
19,200
Accounts receivable, net
13,600
23,950
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.
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