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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

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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 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 Company $98,060 110,810 (a) (b) 220,640 109,830 634,450 Company $71,580 (a) 181,810 191,830 269,860 83,750 (b) 682,870 137,430 115,960 (c) 120,970 126,700 1,055,090 (d) Total manufacturing costs 870,770 236,320 Work in process inventory, December 1 Work in process inventory, December 31 (c) Cost of goods manufactured Finished goods inventory, December 1 Finished goods inventory, December 31 628,560 109,830 (d) 980,600 634,450 Sales Cost of goods sold 1,055,090 (d) Sales Cost of goods sold Gross profit Operating expenses Net income 980,600 634,450 (e) 137,430 () 217,690 Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positiven Letter On Company Off Company a. 2. Prepare on Company's statement of cost of goods manufactured for December On Company Statement of Cost of Goods Manufactured 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 Tnrnme Statement 3. Prepare On Company's income statement for December. On Company Income Statement For the Month Ended December 31 Cost of goods sold

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