Using the following data, Garcon Company Pepper Company Beginning finished goods inventory $ 15,000 $ 18,850 Beginning work in process inventory 14,600 23,700 Beginning raw materials inventory 7,000 11,400 Rental cost on factory equipment 30,500 25,300 Direct labor 20,000 38,200 Ending finished goods inventory 17,750 15,100 Ending work in process inventory 25,900 18,800 Ending raw materials inventory 6,500 7,600 Factory utilities 9,600 16,000 Factory supplies used 9,400 4,000 General and administrative expenses 26,000 48,500 Indirect labor 1,750 8,140 RepairsFactory equipment 6,380 2,600 Raw materials purchases 41,500 68,500 Selling expenses 53,200 48,400 Sales 211,530 312,510 Cash 35,000 24,200 Factory equipment, net 267,500 154,825 Accounts receivable, net 13,400 21,950 1-a. Prepare income statements for both Garcon Company and Pepper Company.

I need the Less: Cost of goods sold totals only for both? How do I calculate?