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 Company		Off Company
Materials inventory, December 1	$73,700		$97,280
Materials inventory, December 31	(a)		109,930
Materials purchased	187,200		(a)
Cost of direct materials used in production	197,520		(b)
Direct labor	277,850		218,880
Factory overhead	86,230		108,950
Total manufacturing costs incurred in December	(b)		629,400
Total manufacturing costs	703,100		863,840
Work in process inventory, December 1	141,500		234,440
Work in process inventory, December 31	119,390		(c)
Cost of goods manufactured	(c)		623,560
Finished goods inventory, December 1	124,550		108,950
Finished goods inventory, December 31	130,450		(d)
Sales	1,086,340		972,800
Cost of goods sold	(d)		629,400
Gross profit	(e)		(e)
Operating expenses	141,500		(f)
Net income	(f)		215,960

Required:

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.	$	$
e.	$	$
f.	$	$

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
Income Statement
For the Month Ended December 31
		$
Cost of goods sold:
	$
	$
		$
		$