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 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 Work in process inventory, December 1 Work in process inventory, December 31 Cost of goods manufactured Finished goods inventory, December 1 Finished goods inventory, December 31 Sales Cost of goods sold Gross profit Operating expenses On Off Company Company $57,190 573,200 (a) 82,720 145,260 153,270 (b) 215,610 164,700 66,910 81,980 (b) 473,600 545,590 650,010 109,800 176,410 92,650 469,210 96,650 81,980 101,230 (d) 842,980 732,000 (d) 473,600 109,800 () Net income 162,500 Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as posi Letter On Company Off Company 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