[The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company Garcon Pepper Company $ 18,250 20,700 11,100 24,700 Company 13,200 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor 18,600 7,900 32,500 23,600 21,800 24,100 6,100 14,550 8,800 33,500 2,050 41,400 13,300 21,800 8,400 12,000 5,800 53,500 8,680 2,750 59,000 54,400 302,510 17,200 118,825 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 materials purchases Selling expenses Sales 5,660 36,500 63,600 231,030 25,000 Cash 237,500 16,000 Factory equipment, net Accounts rece ivable, net 21,700 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. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2017. Pepper Company Garcon Company Direct materials $ 7,900 $ 11,100 Beginning raw materials inventory 59,000 Add: Raw materials purchases 36,500 Raw materials available for use 44,400 70,100 6,100 8,400 Less: Ending raw materials inventory Direct materials used 38,300 61,700 Direct labor 41,400 23,600 Factory overhead Rental cost on factory equipment 32,500 24,700 Factory utilities 14,550 12,000 Factory supplies used 8,800 5,800 5,660 Repairs-Factory equipment 2,750 2,050 Indirect labor 8,680 53,930 Total factory overhead 63,560 Total manufacturing costs Total cost of work in process 0 Required 1 Required 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. Garcon pper Company Company Cost of goods available for sale Cost of goods sold $ $ 0 Required 2 Required 1