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 $76,650 $105,010 Materials inventory, December 31 (a) 118,660 Materials purchased 194,690 (a) Cost of direct materials used in production 205,420 (b) Direct labor 288,970 236,270 Factory overhead 89,680 117,610 Total manufacturing costs incurred in December (b) 679,410 Total manufacturing costs 731,240 932,480 Work in process inventory, December 1 147,170 253,070 Work in process inventory, December 31 124,170 (c) Cost of goods manufactured (c) 673,110 Finished goods inventory, December 1 129,540 117,610 Finished goods inventory, December 31 135,670 (d) Sales 1,129,820 1,050,100 Cost of goods sold (d) 679,410 Gross profit (e) (e) Operating expenses 147,170 (f) Net income (f) 233,120 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. $fill in the blank 9a0ea8067ff8f87_1 76,650 $fill in the blank 9a0ea8067ff8f87_2 -105,010 b. $fill in the blank 9a0ea8067ff8f87_3 $fill in the blank 9a0ea8067ff8f87_4 c. $fill in the blank 9a0ea8067ff8f87_5 $fill in the blank 9a0ea8067ff8f87_6 d. $fill in the blank 9a0ea8067ff8f87_7 $fill in the blank 9a0ea8067ff8f87_8 e. $fill in the blank 9a0ea8067ff8f87_9 $fill in the blank 9a0ea8067ff8f87_10 f. $fill in the blank 9a0ea8067ff8f87_11 $fill in the blank 9a0ea8067ff8f87_12 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 $fill in the blank 41febd051fbdfaa_2 Direct materials: $fill in the blank 41febd051fbdfaa_4 fill in the blank 41febd051fbdfaa_6 $fill in the blank 41febd051fbdfaa_8 fill in the blank 41febd051fbdfaa_10 $fill in the blank 41febd051fbdfaa_12 fill in the blank 41febd051fbdfaa_14 fill in the blank 41febd051fbdfaa_16 Total manufacturing costs incurred during December fill in the blank 41febd051fbdfaa_17 Total manufacturing costs $fill in the blank 41febd051fbdfaa_18 fill in the blank 41febd051fbdfaa_20 $fill in the blank 41febd051fbdfaa_22 3. Prepare On Company's income statement for December. On Company Income Statement For the Month Ended December 31 $fill in the blank 79f021fa905c055_2 Cost of goods sold: $fill in the blank 79f021fa905c055_4 fill in the blank 79f021fa905c055_6 $fill in the blank 79f021fa905c055_8 fill in the blank 79f021fa905c055_10 fill in the blank 79f021fa905c055_12 $fill in the blank 79f021fa905c055_14 fill in the blank 79f021fa905c055_16 $fill in the blank 79f021fa905c055_18

Manufacturing Income Statement, Statement of Cost of Goods Manufactured Several items are omitted from the income statement and cost of goods manufactured state On Company Off Company $76,650 $105,010 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production (a) 118,660 194,690 (a) 205,420 (b) Direct labor 288,970 236,270 89,680 117,610 679,410 731,240 932,480 253,070 147,170 124,170 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 673,110 (C) 129,540 117,610 (d) 135,670 1,129,820 (d) 1,050,100 679,410 147,170 Net income 233,120 Check My Work 2 more Check My Work uses remaining oss profit Operating expenses (e) (e) 147,170 (1 Net Income 233,120 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. 76,650 -105,010 b. $ $ c. d. e. $ 1. 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 Check My Work 2 moro Check My Work uses remaining All work saved 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 eBook 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: Check My Work 2 more Check My Work uses romani All work saved MacBook Air