Finished goods inventory, beginning$\backslash$table$[[,$Garcon,Pepper$],[,$Company,Company$],[$Finished goods inventory, beginning,$$13,200,$$$16,000$

Work in process inventory, beginning Raw materials inventory, beginning

Rental cost on factory equipment

Direct labor

Finished goods inventory, ending Work in process inventory, ending

Raw materials inventory, ending

Factory utilities

General and administrative expenses

Indirect labor

Garcon Company

Repairs$-$Factory equipment

Raw materials purchases

Selling expenses

Sales Cash

Accounts receivable, net

Pepper Company

$$13,200$

$ $16,000$

$17,100$

$22,500$

$8,300$

$13,500$

$31,50021,000$

$23,05041,000$

$19,100$

$16,600$

$25,600$

$21,600$

$7,000$

$9,200$

$11,70014,250$

$27,00014,800$

$60,000$

$13,200$

$6,020$

$3,650$

$35,500$

$67\mathrm{.}50046,900$

$63,200$

$273,300$

$387,560$

$22,000$

$21,700$

$14,600$

$22,700$

Exercise $14-7($Algo$)$ Computing cost of goods manufactured and cost of goods sold LO P$1,$ P$2$

$1.$ 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 $31.$

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Complete this question by entering your answers in the tabs below.

Required $1$

Requined $2$

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

$8,3005$

$13,500$

Add: Raw materials purchases

$35,500$

$67,500$

Raw materials available for use

$43,800$

$$1,000$

Less: Raw materials inventory, ending

$7,000$

$9,200$

Direct maternals used

$36\mathrm{.}800$

$71,800$

Direct labor

$21,000$

$41,000$

Factory overhead

Indirect labor

$14\mathrm{.}000$

$13,200$

Rental cost on factory equiprtent

$31,500$

$23,050$

Repers Factory equipment

$6\mathrm{.}020$

$3,650$

Tital factory overhead

$52\mathrm{.}320$

Total manufacturing souls

$39,900$

$117,1200$

Add. Work in process inventory beginning

$43,800$

$17,100$

Total cost of work in process

$22,500$

Less. Work in process inventory, ending

$134\mathrm{.}220$

$66300$

Cidst of goods manufactured

$25,800$

$21,000$

$100620$ $

$44,700$