Reti 5 0 of 3 Required information [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 Pepper Company Finished goods Inventory, beginning Company $ 13,000 $ 18,400 Work in process inventory beginning 15,800 21,150 raw materials inventory, beginning 9.600 9,000 Rental cost on factory equipment 28,250 23,050 Direct labor 23,000 40,200 Tinished goods inventory, ending 17.150 15.900 Work in process inventory, anding 27,100 19,800 Raw materials inventory, ending 7.200 5.600 Factory utilities 9.150 14,500 General and administrative expenses 32,000 55,500 Indirect labor 10.000 12,520 Repairs-Factory equipment 6,980 2.000 Raw materiale purchases 42,500 58.000 Selling expenses 51.200 48,400 Sales 272,520 397.230 Cash 34.000 16,200 Accounts receivable, net 15,600 24,700 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Popper Company for the year ended 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31 December 31 Answer is not complete. Garcon Company Pepper Company Direct materials Raw materials inventory, beginning Add: Raw materials purchases Raw materials available for use 9,600 42,500 52,100 9,000 58,000 67,000 52,100 23,000 67,000 40,200 Direct materials used Direct labor Factory overhead Rental cost on factory equipment Factory utilities Indirect labor Repairs-Factory equipment 28,250 9,150 10,000 6,980 23,050 14,500 12,520 2,000 Total factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process Less: Work in process inventory, ending Cost of goods manufactured 54,380 129,480 15,800 145,280 27,100 118,180 52,070 159,270 % 21,150 180,420 19,800 160,620 $ Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and December 31. Finished goods inventory, beginning Add: Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Garcon Pepper Company Company $ 13,000 18,400 118,180 X 160,620 131,180 179,020 17,150 15,900 $ 114,030 $ 163,120