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 $ 14,100 Pepper Company $ 19,600 19,000 23,250 10,100 9,300 32,000 25,450 19,800 37,800 Finished goods inventory, ending Work in process inventory, ending 17,900 13,400 27,100 18,400 Raw materials inventory, ending Factory utilities 7,000 8,000 9,450 18,000 General and administrative expenses 26,500 55,000 Indirect labor 14,150 12,560 Repairs-Factory equipment 7,340 1,800 Raw materials purchases 35,000 60,000 Selling expenses 62,000 59,200 Sales 292,440 377,770 Cash Accounts receivable, net 33,000 15,200 21,700 21,200 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.