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	$60,370		$79,080
Materials inventory, December 31	(a)		89,360
Materials purchased	153,340		(a)
Cost of direct materials used in production	161,790		(b)
Direct labor	227,590		177,930
Factory overhead	70,630		88,570
Total manufacturing costs incurred in December	(b)		511,650
Total manufacturing costs	575,920		575,920
Work in process inventory, December 1	115,910		190,580
Work in process inventory, December 31	97,800		(c)
Cost of goods manufactured	(c)		506,900
Finished goods inventory, December 1	102,030		88,570
Finished goods inventory, December 31	106,850		(d)
Sales	889,850		790,800
Cost of goods sold	(d)		511,650
Gross profit	(e)		(e)
Operating expenses	115,910		(f)
Net income	(f)		175,560

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.	$fill in the blank eaf30f08607efd1_1	$fill in the blank eaf30f08607efd1_2
b.	$fill in the blank eaf30f08607efd1_3	$fill in the blank eaf30f08607efd1_4
c.	$fill in the blank eaf30f08607efd1_5	$fill in the blank eaf30f08607efd1_6
d.	$fill in the blank eaf30f08607efd1_7	$fill in the blank eaf30f08607efd1_8
e.	$fill in the blank eaf30f08607efd1_9	$fill in the blank eaf30f08607efd1_10
f.	$fill in the blank eaf30f08607efd1_11	$fill in the blank eaf30f08607efd1_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 4826830b705902c_2
Direct materials:
	$fill in the blank 4826830b705902c_4
	fill in the blank 4826830b705902c_6
	$fill in the blank 4826830b705902c_8
	fill in the blank 4826830b705902c_10
		$fill in the blank 4826830b705902c_12
		fill in the blank 4826830b705902c_14
		fill in the blank 4826830b705902c_16
Total manufacturing costs incurred during December			fill in the blank 4826830b705902c_17
Total manufacturing costs			$fill in the blank 4826830b705902c_18
			fill in the blank 4826830b705902c_20
			$fill in the blank 4826830b705902c_22

3. Prepare On Company's income statement for December.

On Company
Income Statement
For the Month Ended December 31
		$fill in the blank 537f95f3efbc057_2
Cost of goods sold:
	$fill in the blank 537f95f3efbc057_4
	fill in the blank 537f95f3efbc057_6
	$fill in the blank 537f95f3efbc057_8
	fill in the blank 537f95f3efbc057_10
		fill in the blank 537f95f3efbc057_12
		$fill in the blank 537f95f3efbc057_14
		fill in the blank 537f95f3efbc057_16
		$fill in the blank 537f95f3efbc057_18