Using the following data from both Garcon Company and Pepper Company for the year ended Exercise 14-8 December 31, 2017, compute (1) the cost of goods manufactured, and (2) the cost of goods sold. Garcon Company Cost of goods manufactured and cost of goods sold computation P1 P2 Pepper Company Beginning finished goods inventory $ 12,000 $ 16,450 Beginning work in process inventory Beginning raw materials inventory. 14,500 19,950 7,250 9,000 Rental cost on factory equipment. 27.000 22.750 Direct labor.. 19,000 35,000 Ending finished goods inventory 17.650 13,300 Ending work in process inventory. 22.000 16,000 Ending raw materials Inventory. 5,300 7,200 Factory utilities. 9,000 12,000 Factory supplies used 8.200 3,200 Geseral and administrative expenses 21,000 43,000 Indirect labor.. 1,250 7,660 Repairs-Factory equipment. 4,780 1,500 Raw materials purchases. 33,000 52,000 Selling expenses 50,000 46,000 Sales 195.030 290,010 Cash 20.000 15,700 Factory equipment, net 212,500 115.825 Accounts receivable, net 13,200 19.450 Check Garcon COGS $91,030