Manufacturing Income Statement, Statement of Cost of Goods Manufactured Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December: On Company Off Company Materials inventory, December 1 $82,660 $106,630 Materials inventory, December 31 (a) 120,490 Materials purchased 209,960 (a) Cost of direct materials used in production 221,530 (b) Direct labor 311,630 239,920 Factory overhead 96,710 119,430 Total manufacturing costs incurred in December (b) 689,900 Total manufacturing costs 788,580 788,580 Work in process inventory, December 1 158,710 256,980 Work in process inventory, December 31 133,910 (c) Cost of goods manufactured (c) 683,500 Finished goods inventory, December 1 139,700 119,430 Finished goods inventory, December 31 146,310 (d) Sales 1,218,410 1,066,300 Cost of goods sold (d) 689,900 Gross profit (e) (e) Operating expenses 158,710 (f) Net income (f) 236,720 Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter On Company Off Company a. $fill in the blank 618e12f45028051_1 $fill in the blank 618e12f45028051_2 b. $fill in the blank 618e12f45028051_3 $fill in the blank 618e12f45028051_4 c. $fill in the blank 618e12f45028051_5 $fill in the blank 618e12f45028051_6 d. $fill in the blank 618e12f45028051_7 $fill in the blank 618e12f45028051_8 e. $fill in the blank 618e12f45028051_9 $fill in the blank 618e12f45028051_10 f. $fill in the blank 618e12f45028051_11 $fill in the blank 618e12f45028051_12 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 $fill in the blank ae3e2afc2f95fad_2 Direct materials: $fill in the blank ae3e2afc2f95fad_4 fill in the blank ae3e2afc2f95fad_6 $fill in the blank ae3e2afc2f95fad_8 fill in the blank ae3e2afc2f95fad_10 $fill in the blank ae3e2afc2f95fad_12 fill in the blank ae3e2afc2f95fad_14 fill in the blank ae3e2afc2f95fad_16 Total manufacturing costs incurred during December fill in the blank ae3e2afc2f95fad_17 Total manufacturing costs $fill in the blank ae3e2afc2f95fad_18 fill in the blank ae3e2afc2f95fad_20 $fill in the blank ae3e2afc2f95fad_22 3. Prepare On Company's income statement for December. On Company Income Statement For the Month Ended December 31 $fill in the blank 04ea1301c04efb1_2 Cost of goods sold: $fill in the blank 04ea1301c04efb1_4 fill in the blank 04ea1301c04efb1_6 $fill in the blank 04ea1301c04efb1_8 fill in the blank 04ea1301c04efb1_10 fill in the blank 04ea1301c04efb1_12 $fill in the blank 04ea1301c04efb1_14 fill in the blank 04ea1301c04efb1_16 $fill in the blank 04ea1301c04efb1_18