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 $115,710 $84,460 (a) Materials inventory, December 31 130,750 Materials purchased 214,530 (a) Cost of direct materials used in production 226,350 (b) Direct labor 318,410 260,350 Factory overhead 98,820 129,600 (b) 748,640 805,740 1,027,500 162,160 278,860 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 31 136,830 (c) 741,700 (c) 129,600 (d) 142,740 149,490 1,244,940 (d) Sales 1,157,100 748,640 Cost of goods sold Gross profit (e) Operating expenses (e) 162,160 (f) (f) Net income 256,880 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. 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 UA Cost of goods sold: $ DULO