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 Garcon Company $ 13,300 Pepper Company $ 17,350 24,000 16,800 11,000 9,750 28,500 24,850 19,200 43,400 Finished goods inventory, ending 18,800 14,500 Work in process inventory, ending 25,600 21,600 Raw materials inventory, ending 6,300 8,000 Factory utilities 13,200 12,750 General and administrative expenses 26,000 55,500 Indirect labor 10,200 11,480 Repairs-Factory equipment 5,900 1,650 Raw materials purchases 34,000 59,500 Selling expenses 55,200 54,700 Sales 282,540 388,420 Cash 31,000 18,200 Accounts receivable, net 13,400 21,450 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.