Using the following data from both Garcon Company and Pepper Company for the year December 31, 2019, compute (1) the cost of goods manufactured and (2) the cost of goods sold Exercise 18-8 Cost of goods manufactured and cost of goods sold computation P1 P2 Garcon Co. Pepper Co. Beginning finished goods inventory.... Beginning work in process inventory Beginning raw materials inventory direct materials).. 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 indirect materials)..... General and administrative expenses Indirect labor.... Repairs - Factory equipment..... Raw materials purchases.. Selling expenses Sales Cash $ 12,000 14,500 7,250 27,000 19,000 17,650 22,000 5.300 9.000 8,200 21,000 1.250 4.780 33,000 50,000 195,030 20,000 212,500 13,200 $ 16,450 19,950 9,000 22,750 35.000 13,300 16,000 7,200 12,000 3.200 43.000 7,660 1,500 52.000 46,000 290.010 15,700 115,825 19,450 Check Garcon COGS $91.030 Factory equipment, net... Accounts receivable, net