Required Information Use the following information for the Exercises below. The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company Garcon Company $ 13,200 Pepper Company $ 19,300 19,000 22,350 10,500 9,600 28,000 20,400 18,350 24,100 43,400 15,300 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labor Repairs Factory equipment Raw materiala purchases Selling expenses 24,100 16,400 6,700 14,100 11,200 29,500 1,250 7,700 33.500 58.800 229,530 34,000 247,500 14,400 7,600 15,750 5,800 58,000 8,140 2,200 65,000 53,500 310,010 19,700 166,825 22,200 Cash Factory equipment, net Accounts receivable, net Exercise 18-8 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 Required Required Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017. Garcon Pepper Company 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 Required Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017. Garcon Pepper Company Company Cost of goods available for sale Cost of goods sold Prepare the income statement for Garcor GARCON COMPANY Income Statement For Year Ended December 31, 2017 Operating expenses Income (loss) before tax s Prepare the current asset section of the balan GARCON COMPANY Partial Balance Sheet As of December 31, 2017 Inventories: Total current assets PEPPER COMPANY Partial Balance Sheet As of December 31, 2017 Inventories: olol Total current assets