Question
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December 2016:
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December 2016:
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.
Prius Company Volt Company 280,280.00 $ 177.000.00 80,000.00 42.000.00 Materials inventory. December 1 Materials inventory.December 31 4Materials purchased 5 Cost of direct materials used in production 6 Direct labor 712,800.00 752.400.00 1,058.400.00 327.600.00 direct materials used n production Factory overhead Total manufacturing costs incurred during December Total ma 80,000.00 1,035,000.00 9 Total maStep by Step Solution
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