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 $62,110 $84,470 Materials inventory, December 31 (a) 95,450 Materials purchased 157,760 (a) Cost of direct materials used in production 166,450 (b) Direct labor 234,150 190,060 Factory overhead 72,670 94,610 Total manufacturing costs incurred in December (b) 546,520 Total manufacturing costs 592,520 592,520 Work in process inventory, December 1 119,250 203,570 Work in process inventory, December 31 100,620 (c) (c) 541,450 Cost of goods manufactured Finished goods inventory, December 1 Finished goods inventory, December 31 104,970 94,610 109,930 (d) Sales 915,500 844,700 Cost of goods sold (d) 546,520 Gross profit (e) (e) Operating expenses 119,250 (f) Net income 187,520 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. $ $ $ $ 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 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: $