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 $78,650 $102,250 (a) 115,540 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in December Total manufacturing costs 199,770 210,780 296,510 92,020 230,060 114,520 (b) 661,560 750,320 907,980 51,010 246,420 Work in process inventory, December 1 Work in process inventory, December 31 127,410 Cost of goods manufactured Finished goods inventory, December 1 (c) 655,420 132,920 114,520 139,210 Finished goods inventory, December 31 Sales Cost of goods sold Gross proft 1,159,300 1,022,500 (d) 661,560 Gross proft Operating expenses Net income Required 151,010 (f) 227,000 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. BOOK 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