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. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Garcon Company $ 14,700 Pepper Company $ 17,350 22,350 13,050 15,100 7,400 34,000 23,800. 22,400 43,800 Finished goods inventory, ending 18,500 14,200 Work in process inventory, ending 23,200 17,200 Raw materials inventory, ending 7,000 9,200. Factory utilities 10,200 13,250 General and administrative expenses 26,500 55,000 Indirect labor 10,850 11,840 Repairs-Factory equipment 7,220 3,500 Raw materials purchases 40,500 67,000 Selling expenses 64,000 46,900 Sales 296,610 379,690 Cash 26,000 22,200 Accounts receivable, net 14,000 21,200 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. Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Total prime costs Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Total conversion costs < Required 1 Required 2 >