Garcon Company Pepper Company Finished goods inventory, beginning $ 12,500 $ 19,600 Work in process inventory, beginning 16,100 20,700 Raw materials inventory, beginning 9,700 11,850 Rental cost on factory equipment 34,250 24,700 Direct labor 22,200 40,200 Finished goods inventory, ending 19,250 13,400 Work in process inventory, ending 22,000 19,000 Raw materials inventory, ending 8,000 8,000 Factory utilities 13,650 17,500 General and administrative expenses 24,000 49,500 Indirect labor 11,850 12,960 RepairsFactory equipment 4,700 2,000 Raw materials purchases 36,500 54,500 Selling expenses 58,000 58,900 Sales 281,700 393,430 Cash 27,000 23,200 Accounts receivable, net 16,000 24,450 Exercise 18-7 (Algo) Computing cost of goods manufactured and cost of good