3 ! Required information Part 1 of 3 [The following information applies to the questions displayed below.] 14.28 points The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Garcon Company $ 12,100 Pepper Company $ 18,250 16,000 21,300 10,500 14,100 29,000 25,450 21,200 35,000 Finished goods inventory, ending 19,100 15,100 Work in process inventory, ending 24,400 21,400 Raw materials inventory, ending 6,900 8,000 Factory utilities 10,650 16,500 General and administrative expenses 22,500 57,500 Indirect labor 10,950 12,900 Repairs-Factory equipment 6,740 3,500 Raw materials purchases 37,500 66,500 Selling expenses 51,600 52,300 Sales 278,580 374,700 Cash 26,000 24,700 Accounts receivable, net 15,800 20,700 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. 3 Required information Part 1 of 3 Required 1 Required 2 14.28 points Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Garcon Company Pepper Company Direct materials Raw materials inventory, beginning $ 10,500 $ 14,100 Add: Raw materials purchases 37,500 66,500 Raw materials available for use 48,000 80,600 Less: Raw materials inventory, ending 6,900 8,000 Direct materials used 41,100 72,600 Direct labor 21,200 35,000 Factory overhead Rental cost on factory equipment 29,000 25,450 Factory utilities 10,650 16,500 Selling expenses 51,600 X 52,300 X Indirect labor 10,950 12,900 Repairs-Factory equipment 6,740 3,500 Total factory overhead 108,940 110,650 Total manufacturing costs 171,240 X 218,250 Add: Work in process inventory, beginning 16,000 21,300 Total cost of work in process 187,240 239,550 Less: Work in process inventory, ending 24,400 21,400 Cost of goods manufactured $ 162,840 $ 218,150 < Required 1 Required 2 > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Finished goods inventory, beginning Add: Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Garcon Company Pepper Company $ 12,100 162,840 x 174,940 19,100 18,250 218,150 x 236,400 15,100 $ 155,840 $ 221,300 < Required 1 Required 2 >