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 Company Materials inventory, December $70,140 $96,090 1 Materials inventory, December (a) 108,580 31 Materials purchased 178,160 (a) Cost of direct materials used in 187,980 (b) production Direct labor 264,430 216,200 Factory overhead Total manufacturing costs 82,060 107,620 (b) 621,700 incurred in December Total manufacturing costs 669,140 669,140 Work in process inventory, December 1 134,670 231,580 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 113,630 (c) (c) 615,940 118,540 107,620 124,150 (d) 1,033,860 960,900 (d) 621,700 (e) (e) Operating expenses 134,670 (f) Net income (f) 213,320 Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter a. b. On Company Off Company 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 Work in process inventory, December 1 Direct materials: Materials inventory, December 1 Purchases Cost of materials available for use Materials inventory, December 31 Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred during December Total manufacturing costs Work in process inventory, December 31 Cost of goods manufactured 3. Prepare On Company's income statement for December. Sales On Company Income Statement For the Month Ended December 31 Cost of goods sold: Finished goods inventory, December 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, December 31 Cost of goods sold Gross profit Operating expenses Net income Accounting numeric field +A +A