In: Accounting
Garcon | Pepper | |
Beginning finished goods inventory | 14,800 | 19,750 |
Beginning work in process inventory | 15,600 | 19,650 |
Beginning raw materials inventory | 7,800 | 14,400 |
Rental cost on factory equipment | 31,000 | 24,100 |
Direct labor | 23,800 | 44,600 |
Ending finished goods inventory | 18,500 | 16,500 |
Ending work in process inventory | 26,500 | 17,800 |
Ending raw materials inventory | 6,800 | 9,800 |
Factory utilities | 13,500 | 12,250 |
Factory supplies used | 12,400 | 4,900 |
General and administrative expenses | 33,000 | 45,000 |
Indirect labor | 2,150 | 7,660 |
Repairs—Factory equipment | 6,260 | 2,450 |
Raw materials purchases | 41,000 | 57,500 |
Selling expenses | 52,400 | 51,700 |
Sales | 222,030 | 342,510 |
Cash | 29,000 | 19,700 |
Factory equipment, net | 267,500 | 145,825 |
Accounts receivable, net | 14,800 | 20,950 |
Please calculate cost of goods sold, also indicate all the necessary steps clearly. Thanks |