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 Finished goods inventory, ending work in process Inventory, ending aw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment w materials purchases Selling expenses Sales Cash Accounts receivable, net Garcon Company 5 12, Bee 14, see 7,258 27,800 19,00 17,650 22,000 5,30 9, 280 21,200 9,458 4,78 33,000 5e, Bee 195,00 20.00 13,200 Pepper Company $ 16,450 19,950 9.000 22,750 35, Dee 13,30 16,000 7,200 12,000 43, 10,868 1,500 52,00 46,00 298, ese 15,700 19,450 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 Answer is complete and correct. 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. Garcon Company Pepper Company S Direct materials Raw materials inventory beginning Add: Raw materials purchases Raw materials available for us Less: Raw materials inventory ending Direct materials used Direct labor Factory overhead Rental cost on factory equipment Factory utiles Indirect labor 7.250S 33.000 40.250 5.300 34050 10.000 9,000 42.000 01.000 7.200 53,800 35,000 o os 27.000 0.000 0.450 22.750 12000 10,800 Repairs-Factory equipment Total factory overhead Total manufacturing costs Add: Work in process inventory beginning Total cost of work in process Less: Work in process inventory ending Cost of goods manufactured 4.780 50.230 104 180 14,500 118,680 22.000 96,880 1.500 47.110 135,010 10.050 155,300 16.000 130.500 OO 5 $ Required 2 > 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ende 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 Answer is complete and correct. Complete this question by entering your answers in the tabs below. 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. Finished goods inventory beginning Add: Cost of goods manufactured Goods available for sale Less Finished goods inventory ending Cost of goods sold Garcon Pepper Company Company s 12.000 18.450 23.680 130.800 100.680 150,310 17.650 13,300 5 01.030 $ 143,010 . Req i Garcon Req 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the current asset section of the balance sheet for Garcon Company GARCON COMPANY Balance Sheet Current Assets Section December 31 Total current assets 0 Prepare the current asset section of the balance sheet for Pepper Comp PEPPER COMPANY Balance Sheet-Current Assets Section December 31 Total current assets S O