(a) (b) Several items are omitted from the income statement and cost of goods manufacture On off Company Company Materials inventory, December 1 $90,790 $118,930 Materials inventory, December 31 (a) 134,390 Materials purchased 230,610 Cost of direct materials used in production 243,320 (b) Direct labor 342,280 267,590 Factory overhead 106,220 133,200 Total manufacturing costs incurred in December 769,480 Total manufacturing costs 866,140 1,056,100 Work in process inventory, December 1 174,320 285,620 Work in process inventory, December 31 147,080 (c) Cost of goods manufactured (c) 762,340 Finished goods inventory, December 1 153,440 133,200 Finished goods inventory, December 31 160,700 Sales 1,338,240 1,189,300 Cost of goods sold (d) 769,480 Gross profit Operating expenses 174 320 Net income 264.020 Required: (d) (f) 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter On Company off Company 2. Prepare On Company's statement of cost of goods manufactured for December. On Company Statement of Cost of Goods Manufactured For the Month Ended December 31 Work in process inventory, December 1 | Direct materials: laterials inventory, December 1 Purchases Cost of materials available for use Less materials inventory, December 31 Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred during December Total manufacturing costs in process inventory. December 31 cost of goods manufactured 3. Prepare On Company's income statement for December. On Company Income Statement For the Month Ended December 31 Cost of goods sold