9,800 35,00 The following data is provided for Garcon Company and Pepper Company. Garcon Pepper Company Company Beginning finished goods inventory $ 13,300 $ 16,900 Beginning work in process inventory 14,500 21,750 Beginning raw materials inventory 10,100 9,900 Rental cost on factory equipment 27,500 26,050 Direct labor 19,800 44,200 Ending finished goods inventory 19,700 16,100 Ending work in process inventory 27,100 16,400 Ending raw materials inventory 1 5,800 Factory utilities 13,950 15, 250 Factory supplies used 11,500 3,400 General and administrative expenses 24,500 47,000 Indirect labor 1,950 * 8,260 Repairs-Factory equipment 21120 5,420 3,750 Raw materials purchases 65,000 Selling expenses 62,800 52,300 Sales 234,030 335,010 Cash 33,000 23,700 Factory equipment, net 282,500 163,825 Accounts receivable, net 14,400 21,700 Exercise 18-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: 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. Garcon Company Pepper Company Direct materials $ Beginning raw materials inventory Add: Raw materials purchases Raw materials available for use Less: Ending raw materials inventory 10,100 $ 35,000 45,100 5,800 39,300 9,900 65,000 74,900 9,800 65,100 44,200 Direct materials used Direct labor 19,800 Factory overhead Rental cost on factory equipment Factory utilities Factory supplies used Indirect labor 27,500 13,950 11,500 1,950 26,050 15,250 3,400 8,260 RepairsFactory equipment 5,420 3,750 60,320 60,320 56,710 56,710 Total factory overhead Total manufacturing costs Add: Beginning work in process inventory Total cost of work in process Less: Ending work in process inventory Cost of goods manufactured 60,320 56,710 60,320 $ 56,710 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, 2017. Garcon Company $ 13,300 Pepper Company 16,900 Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold $ 0 $ 0