What would my cost of goods sold be for Garcon Company and Pepper Company?
Homework Answers
Cost sheet
| Particulars | Garcon company | Pepper company |
| Opening raw material | 9800 | 9450 |
| (+)Purchase | 36000 | 59000 |
| (-)Closing raw material | (6800) | (7600) |
| Raw material consumed | 39000 | 60850 |
| Direct labour | 20800 | 41800 |
| Prime cost | 59800 | 102650 |
| (+)Rental cost on factory equipment | 29750 | 24100 |
| Factory utilities | 12600 | 16000 |
| Factory supplies used | 12700 | 3600 |
| Indirect labour | 1250 | 9460 |
| Factory equipment repairs | 5300 | 1550 |
| (+) Opening WIP | 15900 | 22800 |
| (-) Closing WIP | (24100) | (19200) |
| Factory cost | 113200 | 160960 |
| General and administrative expenses | 32000 | 59500 |
| Cost of production | 145200 | 220460 |
| (+) Opening finished goods | 13600 | 18400 |
| (-) Closing finished goods | (20300) | (13200) |
| Cost of goods sold | 138500 | 225660 |
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What would my cost of goods sold be for Garcon Company
and Pepper Company?
$ Beginning...
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning...
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,600 18,300 10,600 28,000 19,400 17,900 24,400...
The following data is provided for Garcon Company and Pepper Company Beginning finished goods inventory Beginning...
The following data is provided for Garcon Company and Pepper Company 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,400 14,700 7,900...
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,400 16,000 7,700...
The following data is provided for Garcon Company and Pepper Company. Garcon Company Pepper Company Beginning...
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...
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,800 15,300 7,800...
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,000 16,800 10,600...
The following data is provided for Garcon Company and Pepper Company. Garcon Company Pepper Company Beginning...
The following data is provided for Garcon Company and Pepper Company. Garcon Company Pepper Company Beginning finished goods inventory $ 14,500 $ 18,700 Beginning work in process inventory 14,800 20,250 Beginning raw materials inventory 11,300 14,250 Rental cost on factory equipment 28,000 23,050 Direct labor 24,600 38,600 Ending finished goods inventory 21,350 14,300 Ending work in process inventory 27,100 18,600 Ending raw materials inventory 6,400 8,400 Factory utilities 10,500 17,250 Factory supplies used 9,400 4,900 General and administrative expenses 22,500...
How do I calculate? The following data is provided for Garcon Company and Pepper Company. Beginning...
How do I calculate?
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company...
The following data is provided for Garcon Company and Pepper Company. Garcon Company Pepper Company Beginning...
The following data is provided for Garcon Company and Pepper Company. Garcon Company Pepper Company Beginning finished goods inventory $ 12,800 $ 16,900 Beginning work in process inventory 18,600 20,700 Beginning raw materials inventory 9,500 10,650 Rental cost on factory equipment 29,000 24,550 Direct labor 20,000 35,800 Ending finished goods inventory 20,600 16,800 Ending work in process inventory 22,300 21,000 Ending raw materials inventory 7,000 9,600 Factory utilities 11,700 14,750 Factory supplies used 10,300 5,500 General and administrative expenses 24,000...
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,000 16,800 10,600...
The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,600 18,300 10,600 28,000 19,400 17,900 24,400...
The following data is provided for Garcon Company and Pepper Company 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,400 14,700 7,900...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,400 16,000 7,700...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,800 15,300 7,800...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,000 16,800 10,600...
How do I calculate?
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company...
The following data is provided for Garcon Company and Pepper Company. 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 supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,000 16,800 10,600...
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