On 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: Off Company Company Materials inventory, December 1 $59,870 $76,630 Materials inventory, December 31 (a) 86,590 Materials purchased 152,070 (a) Cost of direct materials used in production 160,450 (b) Direct labor 225,710 172,420 Factory overhead 70,050 85,830 Total manufacturing costs incurred in December (b) 495,800 Total manufacturing costs 571,160 571,160 Work in process inventory, December 1 114,950 184,680 Work in process inventory, December 31 96,990 Cost of goods manufactured (0) 491,200 Finished goods inventory, December 1 101,180 85,830 Finished goods inventory, December 31 105,970 (d) Sales 882,480 766,300 Cost of goods sold (d) 495,800 Gross profit (e) (e) Operating expenses 114,950 Net income 170,120 Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter On Company Off Company 51,490 a. b. $ C. d. $ $ $ III e. f