(b) Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of Dece On off Company Company Materials inventory, December 1 168,510 393,170 Materials inventory, December 31 (a) 105,280 Materials purchased 174,020 Cost of direct materials used in production 183,610 Direct labor 258,250 209,630 Factory overhead 80,160 104,350 Total manufacturing costs incurred in December (6) 602,810 Total manufacturing costs 653,590 827,350 Work in process inventory, December 1 131,540 224,540 Work in process inventory, December 31 110,990 (c) Cost of goods manufactured (c) 597,220 Finished goods inventory, December 1 115,780 104,350 Finished goods inventory, December 31 121,260 Sales 1,009,840 931,700 Cost of goods sold (d) 602,810 (e) Gross profit 131,540 (0) Operating expenses (0) 206,840 Net Income Previous res maining 1. Determine the amounts of the missing items, Identifying them by letter, Enter all amounts as positive numbers Letter On Company off Company a. b. d. 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 Direct materials: Previous On Company Statement of Cost of Goods Manufactured For the Month Ended December 31 Direct materials: Total manufacturing costs incurred during December Total manufacturing costs 3. Prepare On Company's income statement for December. Previo 3. Prepare On Company's income statement for December On Company Income Statement For the Month Ended December 31 Cost of goods sold