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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

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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 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 General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 15,000 15,400 8,500 30,500 22,200 21,500 22,600 5,400 10,050 10,300 34,000 2,200 7,100 40,500 52,000 217,530 22,000 277,500 16,600 Pepper Company $ 18,850 21,150 14,250 22,300 37,800 14,400 18,400 9,000 14,500 5,100 58,500 9,400 3,750 55,000 49,600 292,510 20,700 148,825 23,700 Required: Required information of 3 Req 1A Garcon Req 1A Pepper Req 1B Garcon Req 1B Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31, 2017 ped ook Int Operating expenses int Fences Income (loss) before tax Required information Req 1A GarcongReq 1A pepper Req 1B Garcon Req 1B Pepper Prepare the income statement for Pepper Company. PEPPER COMPANY Income Statement For Year Ended December 31, 2017 Operating expenses Income (loss) before tax

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