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.

Off On Company Company Materials inventory, December 1 $72,640 $98,790 Materials inventory, December 31 (a) 111,630 Materials purchased (a) 184,510 Cost of direct materials used in production (b) 194,680 Direct labor 273,850 222,280 Factory overhead 84,990 110,640 Total manufacturing costs incurred in December (b) 639,170 Total manufacturing costs 877,250 692,990 Work in process inventory, December 1 139,470 238,080 Work in process inventory, December 31 (c) 117,680 Cost of goods manufactured (c) 633,240 Finished goods inventory, December 1 122,760 110,640 Finished goods inventory, December 31 (d) 128,570 Sales 987,900 1,070,710 Cost of goods sold (d) 639,170 Gross profit (e) (e) Operating expenses (f) 139,470 Net income (f) 219,310 Required: positive numbers. 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as Off Company On Company Letter a. b. C. d. e. f A +A- LA 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 Total manufacturing costs 3. Prepare On Company's income statement for December. On Company Income Statement For the Month Ended December 31 Cost of goods sold