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 Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Garcon Company $ 12,200 18,300 7,100 33,750 23,800 21,800 23,500 6,700 14,100 29,500 13,100 7,580 35,500 53,200 290,640 33,000 16,800 Pepper Company $ 19,600 24,000 13,950 25,750 44,200 16,200 17,600 8,000 14,000 57,000 15,040 3,750 53,000 54,100 383,450 16,700 19,950 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 Compute the total conversion costs for both Garcon Company and Pepper Company. Garcon Pepper Company Company $ 23,800 $ 44,200 Direct labor Factory overhead Total conversion costs