Use the following information for the Exercises below.

[The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company.

	Garcon Company					Pepper Company
Beginning finished goods inventory		$	12,300			$	19,600
Beginning work in process inventory			15,400				23,250
Beginning raw materials inventory			7,200				12,150
Rental cost on factory equipment			29,250				25,900
Direct labor			20,200				44,600
Ending finished goods inventory			17,600				16,200
Ending work in process inventory			24,700				18,200
Ending raw materials inventory			6,800				7,400
Factory utilities			10,950				16,000
Factory supplies used			9,700				3,500
General and administrative expenses			26,000				50,500
Indirect labor			1,400				8,140
RepairsFactory equipment			6,500				1,650
Raw materials purchases			46,500				63,000
Selling expenses			61,600				52,300
Sales			235,530				327,510
Cash			29,000				24,200
Factory equipment, net			277,500				121,825
Accounts receivable, net			17,000				19,950

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.

	Garcon Company	Pepper Company
Direct materials
Raw materials available for use	0	0
Direct materials used	0	0
Factory overhead
Total factory overhead	0	0
Total manufacturing costs
Total cost of work in process	0	0
Cost of goods manufactured	$0	$0

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 Company	Pepper Company
Cost of goods available for sale
Cost of goods sold	$0	$0