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 $ 14,600 Pepper Company $ 17,350 21,300 14,300 10,700 9,450 33,000 26,350 20,600 41,000 Finished goods inventory, ending 20,600 16,500 Work in process inventory, ending 26,500 16,600 Raw materials inventory, ending 5,700 8,800 Factory utilities 9,450 17,000 General and administrative expenses 29,500 52,000 Indirect labor 13,300 13,160 Repairs-Factory equipment 6,860 1,750 Raw materials purchases 41,500 59,000 Selling expenses 61,200 51,400 Sales 282,600 383,560 Cash 22,000 17,700 Accounts receivable, net 16,200 24,700 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Direct materials Raw materials available for use Garcon Company Pepper Company Direct materials Raw materials available for use okt Direct materials used nt ences Factory overhead Total factory overhead Total manufacturing costs Garcon Pepper Company Company Required information Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Goods available for sale Cost of goods sold Garcon Company Pepper Company ! Required information Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31 Cost of goods sold: Goods available for sale Cost of goods sold Cost of goods sold: Goods available for sale Cost of goods sold PEPPER COMPANY Income Statement For Year Ended December 31 Required information Cost of goods sold: Goods available for sale Cost of goods sold Net income income statement Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for Garcon Company GARCON COMPANY Balance Sheet-Current Assets Section December 31 ces Total current assets L Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for Pepper Company. PEPPER COMPANY Balance Sheet-Current Assets Section December 31 Total current assets Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for the yea Garcon Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $ 14,600 $ 17,350 21,300 17,300 10,700 9,450 33,000 26,350 20,600 41,000 Finished goods inventory, ending 20,600 16,500 Work in process inventory, ending 26,500 16,600 Raw materials inventory, ending 5,700 8,800 Factory utilities 9,450 17,000 General and administrative expenses 29,500 52,000 Indirect labor 13,300 13,160 Repairs-Factory equipment 6,860 1,750 Raw materials purchases 41,500 59,000 Selling expenses 61,200 51,400 Sales 282,600 383,560 Cash 22,000 17,700 Accounts receivable, net 16,200 24,700 Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Total prime costs Garcon Company Pepper Company Required 1 Required 2 Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Company Pepper Company Total conversion costs