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1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers Several items are omitted from the income

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1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers

Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December $56,050 $76,790 142,370 150,210 211,310 172,780 534,720 107,620 185,060 492,220 826,180 767,900 107,620 170,470 Materials inventory, December I Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in December Total manufacturing costs Work in process inventory, December I Work in process inventory, December 31 Cost of goods manufactured Finished goods inventory, December I Finished goods inventory, December 31 Cost of goods sold Gross profit Operating expenses Net income Req uired: Company (a) 65,580 534, 720 90,800 94,720 99,210 I. Determine the amounts of the missing items, identifying them by letter. Company 86,770 86,000 86,000 Enter all amounts as positive numbers. On Company Off Company

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