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	$57,930		$77,630
Materials inventory, December 31	(a)		87,720
Materials purchased	147,140		(a)
Cost of direct materials used in production	155,250		(b)
Direct labor	218,400		174,670
Factory overhead	67,780		86,950
Total manufacturing costs incurred in December	(b)		502,270
Total manufacturing costs	552,660		552,660
Work in process inventory, December 1	111,230		187,090
Work in process inventory, December 31	93,850		(c)
Cost of goods manufactured	(c)		497,610
Finished goods inventory, December 1	97,900		86,950
Finished goods inventory, December 31	102,540		(d)
Sales	853,890		776,300
Cost of goods sold	(d)		502,270
Gross profit	(e)		(e)
Operating expenses	111,230		(f)
Net income	(f)		172,340

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.
d.
e.
f.