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 $76,030 $98,840 (a) 111,690 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production 193,120 (a) (b) 203,760 Direct labor 286,630 222,390 88,960 110,700 (b) 639,490 725,330 877,690 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 1 145,980 238,200 123,170 (c) 633,560 128,490 110,700 Finished goods inventory, December 31 134,570 (d) Sales 1,120,680 988,400 (d) 639,490 Cost of goods sold Gross profit (e) 145,980 (f) Operating expenses Net income 219,420 Required: 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 Sales Cost of goods sold: $