! Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $ 14,900 $ 18,250 15,000 20,100 9,500 11,100 33,750 23,950 22,200 41,400 Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities 21,500 15,200 26,500 19,400 6,300 8,600 15,000 13,250 General and administrative expenses 30,500 56,500 Indirect labor 11,750 14,260 Repairs-Factory equipment 4,700 3,800 Raw materials purchases 38,000 60,000 Selling expenses 50,400 56,200 Sales 274,260 398,910 Cash 27,000 20,700 Accounts receivable, net 15,800 19,700