[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 Company Pepper Company Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor $ 12,600 $16,150 17,400 23,550 12,000 9,750 34,750 24,100 22,000 36,200 Finished goods inventory, ending 17,150 14,200 Work in process inventory, ending 26,800 16,800 Raw materials inventory, ending 7,600 7,600 Factory utilities 14,850 13,500 General and administrative expenses 25,500 54,000 Indirect labor 14,450 13,600 Repairs-Factory equipment 7,820 3,100 Raw materials purchases) 45,500 69,500 Selling expenses Sales 60,800 51,100 281,400 399,820 Cash Accounts receivable, net 28,000 15,700 13,800 22,950 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.