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Use the following information for the Exercises below.

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[The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company.

	Garcon Company					Pepper Company
Beginning finished goods inventory		$	13,800			$	16,900
Beginning work in process inventory			16,800				24,000
Beginning raw materials inventory			8,500				10,350
Rental cost on factory equipment			32,500				26,800
Direct labor			24,200				43,800
Ending finished goods inventory			21,800				16,100
Ending work in process inventory			26,800				18,000
Ending raw materials inventory			7,600				7,600
Factory utilities			12,600				13,500
Factory supplies used			8,500				4,300
General and administrative expenses			33,000				50,000
Indirect labor			1,450				9,940
RepairsFactory equipment			4,820				2,100
Raw materials purchases			39,500				65,000
Selling expenses			58,800				58,300
Sales			202,530				330,010
Cash			24,000				19,200
Factory equipment, net			242,500				163,825
Accounts receivable, net			14,800				20,950

Exercise 14-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2

Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017.