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. Garcon Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $13,000 $ 17,350 17,800 20,850 7,300 10,350 30,250 25,150 23,800 43,400 Finished goods inventory, ending 21,650 14,400 Work in process inventory, ending 25,000 16,400 Raw materials inventory, ending 5,900 7,800 Factory utilities 14,550 17,000 General and administrative expenses 28,000 57,000 Indirect labor 10,850 13,360 Repairs-Factory equipment 6,020 1,650 Raw materials purchases 39,500 68,000 Selling expenses 63,200 47,800 Sales Cash Accounts receivable, net 286,410 370,330 23,000 19,200 14,400 19,950 Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company. Total prime costs Required 1 Required 2 Garcon Company Pepper Company Compute the total conversion costs for both Garcon Company and Pepper Company. Total conversion costs Garcon Company Pepper Company