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1 Part 1 of 3 Required information [The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company 142 points oBook Hint Print References Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,700 17,800 11,880 28,890 22,600 19,700 23,200 5,400 13,500 19,90 27,500 1,800 6,389 40,500 64, 480 226,530 32,090 222,500 17,000 Pepper Company $ 16,150 21,150 12,300 24,250 40,600 14,000 21,400 8,800 14,250 5,100 46,000 7,668 3,650 53,000 47,500 320,010 22,200 145,825 23,700 Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019. Garcon Company Popper Company Direct materials Raw materials available for use Direct materials used 0 0 Factory overhead 0 Total factory overhead Total manufacturing costs Direct materials Raw materials available for use 0 0 Direct materials used 0 0 Factory overhead 0 0 Total factory overhead Total manufacturing costs 0 0 Total cost of work in process 05 0 Cost of goods manufactured Required 2 > 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, 2019. Garcon Company Pepper Company Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold S 0 $ 0 Complete this question by entering your answers in the tabs below. Req 1 Garcon Req 1 Pepper Reg 2 Garcon Req 2 Pepper Prepare the income statement for Garcon Company GARCON COMPANY Income Statement For Year Ended December 31, 2019 Operating expenses Income doss) before tax Req 1 Garcon Req 1 Pepper Reg 2 Garcon Req 2 Pepper Prepare the income statement for Pepper Company. PEPPER COMPANY Income Statement For Year Ended December 31, 2019 Operating expenses Income (loss) before tax Req 1 Garcon Req 2 Garcon Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for Garcon Company. GARCON COMPANY Partial Balance Sheet As of December 31, 2019 Inventories Total current assets Complete this question by entering your answers in the tabs below. Req 1 Garcon Req 1 Pepper Reg 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for Pepper Company. PEPPER COMPANY Partial Balance Sheet As of December 31, 2019 Inventories Total current assets Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Direct materials Raw materials available for use Direct materials used Total prime costs Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Direct labor Factory overhead Total factory overhead Total conversion costs