Manufacturing Income Statement, Statement of Cost of Goods Manufactured

Several items are omitted from the income statement and cost of goods manufacturedstatement data for two different companies for the month of December 2014:

	Grant Company		McClellan Company
Materials inventory, December 1	$62,870		$85,500
Materials inventory, December 31	(a)		96,620
Materials purchased	159,690		192,380
Cost of direct materials used in production	168,490		(a)
Direct labor	237,020		(b)
Factory overhead	73,560		95,760
Total manufacturing costs incurred during December	(b)		553,190
Total manufacturing costs	599,780		759,250
Work in process inventory, December 1	120,710		206,060
Work in process inventory, December 31	101,850		(c)
Cost of goods manufactured	(c)		548,060
Finished goods inventory, December 1	106,250		95,760
Finished goods inventory, December 31	111,280		(d)
Sales	926,700		855,000
Cost of goods sold	(d)		553,190
Gross profit	(e)		(e)
Operating expenses	120,710		(f)
Net income	(f)		189,810

1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter Grant Company McClellan Company a. b. C. d. e