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 $72,940 $97,740 Materials inventory, December 31 (a) 110,450 Materials purchased 185,270 (a) Cost of direct materials used in production 195,480 (b) Direct labor 274,980 219,920 Factory overhead 85,340 109,470 Total manufacturing costs incurred in December (b) 632,380 Total manufacturing costs 695,840 695,840 Work in process inventory, December 1 140,040 235,550 Work in process inventory, December 31 3118,160 (c) Cost of goods manufactured (c) 626,510 Finished goods inventory, December 1 123,270 109,470 Finished goods inventory, December 31 129,100 (d) Sales 1,075,140 977,400 Cost of goods sold (d) 632,380 Gross profit (e) Operating expenses 140,040 (1) Net Income 216,980 Required: (e) (7) 3 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. 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: c Total manufacturing costs incurred during December Total manufacturing costs 000 3. Prepare On Company's income statement for December 3. Prepare On Company's income statement for December On Company Income Statement For the Month Ended December 31 Cost of goods sold: $ $ $ $