Several items are omitted from each of the following income statement and cost of goods manufactured statement data for the month of December 2008:

Instructions
1. Determine the amounts of the missing items, identifying them by letter.
2. Prepare a statement of cost of goods manufactured for Vinston Company.
3. Prepare an income statement for VinstonCompany.

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Vinston Company Turkun Company Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor Factory Total manufacturing costs incurred in December Total manufacturing costs Work in process inventory, December 1 Work in process inventory, December 31 Cost of goods manufactured Finished goods inventory, December1 Finished goods inventory, December 31 Sales Cost of goods sold Gross profit Operating expenses Net income 25,000 32,000 15,000 105,000 120,000 145,000 56,000 95,000 42,000 249,000 283,000 34,000 overhead 336,000 45,000 65,000 252,000 44,000 84,000 74,000 425,000 320,000 254,000 44,000 27,000