apter 1 Practice i The following data Is provided for Garcon Company and Pepper Company for the year ended December 31. 10 Garcon Pepper Company Finished goods inventory, beginning 14, 080 $ 19, 450 work in process inventory, beginning 17, 200 22, 350 Raw materials inventory, beginning 11, 360 10, 950 Rental cost on factory equipment 32, 250 23, 650 1 1 of 3 Direct labor 20, 200 42,609 Finished goods Inventory, ending 18, 050 15,909 Work in process inventory, ending 23, 860 17,800 Raw materials Inventory, ending 6,600 9, 200 Factory utilities 12, 600 13, 500 General and administrative expenses 34, 000 54 , 090 Indirect labor 11, 090 15,029 Repairs-Factory equipment 4,940 2, 750 Raw materials purchases 38, 080 52,060 Selling expenses . 52, 809 52,006 Sales 289, 650 397,330 Cash 33, 600 20,700 Accounts receivable, net 13, 600 20,450 Hint Exercise 1-7 (Algo) Computing cost of goods manufactured and cost of goods sold LO P1, P2 Prim 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 ferences December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31. Garcon Pepper Company Company Direct materials Raw materials available for use Direct materials used