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 $ 14,700 15,200 Pepper Company $ 18,850 23,700 8,600 11,850 28,750 22,750 22,200 43,400 Finished goods inventory, ending 20,150 14,900 Work in process inventory, ending 27,100 21,600 Raw materials inventory, ending 7,400 7,800 Factory utilities 9,600 12,500 General and administrative expenses 27,000 44,000 Indirect labor 11,700 12,100 Repairs-Factory equipment 5,540 3,850 Raw materials purchases 41,500 69,500 Selling expenses 63,600 56,500 Sales 295,230 373,640 Cash Accounts receivable, net 26,000 13,600 19,700 23,450 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.