Instructions Volt Company 2 Materials inventory, December 1 Prius Company $280,560.00 $176,000.00 3 Materials inventory, December 31 Materials purchased 176,500.00 340,400.00 712,400.00 Cost of direct materials used in production 752,800.00 (b) 1,058,000.00 325,600.00 180,000.00 1,034,000.00 2,677,200.00 1,477,000.00 540,800.00 443,000.00 Direct labor Factory overhead 8 Total manufacturing costs incurred during December 9 Total manufacturing costs 10 Work in process inventory, December 1 11 Work in process inventory, December 12 Cost of goods manufactured 13 Finished goods inventory, December 1 14 Finished goods inventory, December 31 15 Sales 16 Cost of goods sold 17 Gross profit 451,800.00 (c) (c) 1,026,500.00 202,500.00 479,200.00 497,000.00 4,143,000.00 1,673,500.00 1,045,000.00 (e) 0 (e) 543,000.00 18 Operating expenses 19 Net income 381,300.00 Starting Question A. Determine the amounts of the missing items, identifying em by letter. Enter all amounts as positive numbers. Letter Prius Company Volt Company oo - B. Prepare Volt Company's statement of cost of goods manufactured for December Refer to the Amount Description is provided for the exact wording of the answer choices for text entries. Zess" or "Plus" will automatically appear if it is required. Enter al amounts as positive numbers Volt Company Statement of Cost of Goods Manufactured For the Month Ended December 31, 2016 Direct mata 11 Total manufacturing costs Income Statement C. Prepare Vol Company's income statement for December Refer to the Amount Descriptions list provided for the exact wording of the answer choice for text entries. Less" or "Plus" will automatically appear if it is required Enfer all amounts as positive numbers. Volt Company Income Statement For the Month Ended December 31, 2016 Cost of goods sold