Materials Activity Raw materials purchases $532,000 Beginning raw materials inventory $145,500 Raw materials available for use in production Ending raw materials inventory $175,000 Direct materials used in production $ Production Activity Direct labor used in production $350,000 Factory overhead used in production $750,000 Beginning work in process inventory Total work in process Ending work in process inventory $84,500 Finished goods manufactured $1,593,500 Sales Activity Beginning finished goods inventory Finished goods available for sale Ending finished goods inventory $1,740,250 $139,950 Finished goods sold Required information [The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. 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 $ 12,000 14,500 7,250 27,000 19,000 17,650 22,000 5,300 9,000 8,200 21,000 1,250 4,780 33,000 50,000 195,030 20,000 212,500 13,200 Pepper Company $ 16,450 19,950 9,000 22,750 35,000 13,300 16,000 7,200 12,000 3,200 43,000 7,660 1,500 52,000 46,000 290,010 15,700 115,825 19,450 Required: 1. Compute the total prime costs for both Garcon Company and Pepper Company. 2. Compute the total conversion costs for both Garcon Company and Pepper Company. Complete this question by entering your answers in the tabs below. 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 Rental cost on factory equipment Factory utilities Factory supplies used Indirect labor RepairsFactory equipment 27,000 9,000 8,200 1,250 4,780 22,750 12,000 3,200 7,660 1,500 Total factory overhead Total conversion costs 50,230 50,230 47,110 47,110 $ $ Required 1 Required 2 )