| | Required: |
| A. | Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. |
| B. | Prepare Volt Companys statement of cost of goods manufactured for December.* |
| C. | Prepare Volt Companys income statement for December.* | | * Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Less or Plus will automatically appear if it is required. Enter all amounts as positive numbers. 
| |
Manufactu g income s ermen statement of Cost of goods manufactured 1nstrictions Amount Descriptions Starting Question Statement of Cost of Goods Manufactured Income Statement nstructions Several items are onnitted from the Income statement and cost of goods manufactured statement data for two different companies for the month of December 2016 Amount Descriptions Prius Company Volt Company Cost of direct materials used in production $281,120.00 Materials inventory, December 1 Cost of finished goods available for sale Materials inventory, December 31 Cost of goods manufactured Cost of goods sold Materials purchased 713,200.00 340,300.00 751.60000 Cost of materials available for use Cost of direct materials used in production Direct Labor Direct Labor Factory overhead 179.20000 7 Factory overhead Finished goods inventory, December 1. 2016 Total manufacturing costs incurred during December Finished goods inventory, December 31, 2016 3 Total manufacturing costs 2,678,800.00 1477500.00 Gross profit Work in process inventory, December 1 Materials inventory, December 1, 2016 451,000.00 Workin process inventory, December 31 Materials inventory, December 31, 2016 Cost of goods manufactured Operating expenses 13 Finished goods inventory, December 1 Purchases Finished goods inventory, December 31 495,600.00 Sales 4,143,000.00 1.670,000.00 Total manufacturing costs incurred during December Cost of goods sold Work in process inventory, December 1, 2016 Gross profit Work in process inventory, December 31, 2016 Operating expenses Starting Question A. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Required Letter Prius Company volt Company A. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. B. Prepare volt Company's statement of cost ofgoods manufactured for December. C. Prepare volt Company's income statement for December. Refer to the Amount Descrip ons list provided for the exact wording of the answer choices for text entries. Less" or TPIus will automatically appear if it is required. Enter all amounts as positive numbers
