. Advertisement .
..3..
. Advertisement .
..4..
......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8.. ......... ADVERTISEMENT ......... ..8..
......... ADVERTISEMENT ......... ..8..
| Garcon Company | Pepper Company | |
| Beginning finished goods inventory | $ 13,400 | $ 19,900 |
| Beginning work in process inventory | 16,000 | 22,200 |
| Beginning raw materials inventory (direct materials) | 7,700 | 11,850 |
| Rental cost on factory equipment | 32,250 | 23,800 |
| Direct labor | 23,600 | 37,800 |
| Ending finished goods inventory | 20,900 | 16,400 |
| Ending work in process inventory | 26,200 | 21,200 |
| Ending raw materials inventory | 5,500 | 8,000 |
| Factory utilities | 10,500 | 17,250 |
| Factory supplies used (indirect materials) | 9,700 | 3,500 |
| General and administrative expenses | 28,500 | 46,000 |
| Indirect labor | 2,100 | 8,800 |
| Repairs-Factory equipment | 4,700 | 3,300 |
| Raw materials purchases | 38,500 | 59,000 |
| Selling expenses | 50,400 | 56,800 |
| Sales | 222,030 | 300,010 |
| Cash | 24,000 | 19,200 |
| Factory equipment, net | 267,500 | 169,825 |
| Accounts receivable, net | 15,400 | 21,950 |
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
......... ADVERTISEMENT .........
..8..
The price of products manufactured comprises direct as well as indirect costs which have been incurred in the process of manufacturing. The price of the product includes material costs, labor cost and manufacturing overhead cost.
1 Answer