Question

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12 TUTUWII Uldis IUVIRU I GOI CUI LUIGI Oru reppe L ily. Garcon Company $ 14,900 Pepper Company $ 18,850 Part 1 of 2 17,400 21,300 0.46 points 9,900 10,200 eBook Print References 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 33,500 21,600 21,200 26,20€ 6,900 12,000 12,400 31,000 1,300 5,540 46,000 52,800 238,530 22,000 277,500 16,800 22,750 37,000 15,300 19,400 8,800 17,750 4,200 51,500 9,940 3,500 59,500 52,900 300,010 24,700 124,825 22,200

Answer 1

Pepper company $ 10, 200 Garcon company Direct Materials Beginning raw materials inventory & 9,900 Add raw materials purchases $ 46,000 - Raw materials available for use $ 55, you less Ending raw materials inventory & 6,900 Direct materials used & 49,000 Direct labor factory overhead Indirect labor $ 1,300 Factory supplies used $ 12,400 actory utilities $ 12,000 Rental cost on factory equipment $33,500 - Repairs - factory equipment & 5,540 $ 59,500 $ 69, 700 & 8,800 $ 60,goo $ 37,000 $21,600 $9,940 $ 4,200 $ 17,750 $22,750 $3,500 Total factory overhead & 64,740 $58,140 Total manufacturing costs $135,340 $ 156,040 Add: Beginning work in process inventory & 17, 400 $ 21,300 Total cost of work in process $152,740 $ 177,340 less. Ending work in process inventory & 26,200 $ 19,400 Cost of goods manufactured & 126,540 $ 157,940 Note: Total manufacturing costs - Direct materials used & Direct Labort Total factory Overhead

Garcon company 'Manufacturing costs - $49,000 + $21,600 + $64,740 = $135,340 Pepper company: Total manufacturing costs = $60,900 & $37,000+ $50,140 a $156,040 Pepper Garcon company company Beginning finished goods inventory $ 14,900 $10,850 Add: Cost of goods manufactured $126,540 $157,940 cost of goods available for sale $141,440 $176,790 lesso Ending finished goods inventory & 21,200 $15,300 Cost of goods sold $ 120, 240 $ 161,490