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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) The following data is provided

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Required information Use the following information for the Exercises below. (Algo) [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 How 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 $ 13,200 16,000 9,900 29,500 24,400 21,200 28,000 7.600 12,000 26,500 11.600 6,260 47,000 62,000 289.650 32.000 16,400 Pepper Company $ 16,150 20,250 10,500 25,900 37,000 14,100 19,400 7.800 13.250 48,000 13,500 3,000 65,500 51,100 371,510 19,200 22,200 Exercise 14-7 (Algo) Computing cost of goods manufactured and cost of goods sold LO P1, P2 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. Garcon Company Pepper Company Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 2 > 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. Garcon Company Pepper Company Goods available for sale Cost of goods sold

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