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 $ 12,600 Pepper Company 16,300 $ 16,000 19,500 9,600 12,600 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor 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 Cash 34,000 24,800 18,950 22,300 7,600 11,400 11,800 22,500 1,450 7,940 37,000 58,400 241,530 31.000 24,100 42,600 14,000 16,600 7,400 15,750 4,600 48,000 9,100 3,000 56,000 55,000 345,010 18.700 Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net 22,300 7,600 11,400 11,800 22,500 1,450 7,940 37,000 58,400 241,530 31,000 252,500 13,600 16,689 7,400 15,750 4,600 48,00 9,109 3,000 56, eee 55,000 345,eie 18,700 121,825 21,700 Exercise 18-8 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 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ende December 31, 2017. Garcon Company Pepper Company $ $ Direct materials Beginning raw materials inventory Add: Raw materials purchases Raw materials available for use Less: Ending raw materials inventory Direct materials used Direct labor Factory overhead RepairsFactory equipment Rental cost on factory equipment ent Factory utilities Factory supplies used Indirect labor 9,600 37,000 46,600 7,600 39,000 18,950 12,600 56,000 68,600 7,400 61,200 14,000 3 7,940 4,000 11,400 11,800 1,450 3,000 24,100 15,750 4,600 4,600 9,100 66,590 56,550 Total factory overhead Total manufacturing costs "Add: Beginning work in process inventory Total cost of work in process Less: Ending work in process inventory Cost of goods manufactured o S S 0 $ Complete this question by entering your answers in the tabs below. 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 Company Pepper Company Cost of goods available for sale Cost of goods sold