Reference no: EM132617463

The following data is provided for Garcon Company and Pepper Company.

                                                                           Garcon Company                            Pepper Company

Beginning finished goods inventory                     $13,800                                 $17,800

Beginning work in process inventory                       14,800                                  21,300

Beginning raw materials inventory                           10,800                                 13,500

Rental cost on factory equipment                               34,750                              25,900

Direct labor                                                               23,800                           37,400

Ending finished goods inventory                                     18,350                          14,300

Ending work in process inventory                                    22,000                          17,800

Ending raw materials inventory                                         7,300                           9,600

Factory utilities                                                             10,200                        12,500

Factory supplies used                                                     11,800                          3,900

General and administrative expenses                                   22,000                        43,500

Indirect labor                                                                  1,550                        8,920

Repairs-Factory equipment                                                7,580                         1,950

Raw materials purchases                                                    39,500                      53,500

Selling expenses                                                                50,800                      48,700

Sales                                                                                201,030                  342,510

Cash                                                                                 30,000                        22,200

Factory equipment, net                                                                282,500            169,825

Accounts receivable, net                                                             16,600                       21,950

Problem 1: Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017

Problem 2: Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017.