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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
$ 12,500
$ 18,100
Work in process inventory, beginning
15,900
21,600
Raw materials inventory, beginning
9,800
11,850
Rental cost on factory equipment
28,750
25,150
Direct labor
23,400
43,800
Finished goods inventory, ending
21,950
15,200
Work in process inventory, ending
25,300
17,200
Raw materials inventory, ending
6,300
7,600
Factory utilities
12,000
16,000
General and administrative expenses
28,000
44,000
Indirect labor
9,450
15,400
RepairsFactory equipment
5,660
3,350
Raw materials purchases
38,500
66,000
Selling expenses
58,800
56,800
Sales
290,790
390,540
Cash
33,000
21,200
Accounts receivable, net
14,200
24,450
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.
Compute the total prime costs for both Garcon Company and Pepper Company.
Garcon Company
Pepper Company
Total prime costs
Compute the total conversion costs for both Garcon Company and Pepper Company.
Garcon Company
Pepper Company
Total conversion costs
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