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pliss help!!! Manufacturing Income Statement, statement of cost of Goods Manuractured Several items are omitted from the income statement and cost of goods manufactured statement
pliss help!!!
Manufacturing Income Statement, statement of cost of Goods Manuractured 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 $195,300 Company $65,800 (a) 282,800 91,140 (a) 317,800 (b) 577,220 387,800 148,400 256,060 (b) 973,000 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 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 1,519,000 1,727,320 208,320 119,000 172,200 (c) 1,532,020 (c) 224,000 269,080 197,400 (d) 1,127,000 1,944,320 (d) 1,545,040 (e) 117,600 (1) Check My Work Previous eBook Operating expenses Net income Required: 117,600 (f) () 164,920 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. IT e. Step by Step Solution
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