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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

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 Off Company Company Materials inventory, December 1 $58,810 $79,980 Materials inventoryDecember 31 90,380 Materials purchased149,380 Cost of direct materials used in production 157,610 Direct labor 221,710 179,960 Factory overhead 68,810 89,580 Total manufacturing costs incurred in December 517,470 Total manufacturing costs 561,050 710,220 Work in process inventoryDecember 1 112,920 192,750 Work process inventory, December 31 95,270 Cost of goods manufactured 512,670 Finished goods inventory, December 1 99,390 89,580 Finished goods inventoryDecember 31 104,090 ( Sales866,860 799,800 Cost of goods sold (d) 517,470
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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 OFT Company Company Materials inventory, December 1 $58,810 $79,980 Materials Inventory, December 31 90,380 Materials purchased 149,380 (a) Cost of direct materials used in production 157,610 (6) Direct labor 221,710 179,960 Factory overhead 68,810 89,580 Total manufacturing costs incurred in December (b) 517,470 Total manufacturing costs 561,050 710,220 Work in process inventory, December 1 112,920 192,750 Work in process inventory, December 31 95,270 (c) Cost of goods manufactured (c) 512,670 Finished goods inventory, December 1 99,390 89,580 Finished goods Inventory, December 31 104,090 (d) Sales 866,860 799,800 Cost of goods sold (d) 517,470 Gross profit (e) (e) Operating expenses 112,920 (n Net Income 177.560 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. b. C. c. $ Check My Work 2 more Check My Work uses remaining All work saved Emal instructo MacBook Air Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter On Company Off Company b. c d. e. f. 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: Total manufacturing costs incurred during December Check My Work 2 more Check My Work uses remaining All work saved Email instructor Save and MacBook Air 000 On Company Statement of Cost of Goods Manufactured For the Month Ended December 31 Direct materials:

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