Several Items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December

Off On Company Company $86,220 $110,350 124,720 (a) (b) (a) 218,900 254,120 325,000 100,870 (b) 248,280 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 Net Income 123,590 713,930 979,870 265,940 845,510 165,520 139,650 (c) 707,325 (c) 145,690 124,275 152,590 (d) 1,103,520 1,270,750 (d) 714,610 (e) (e) 165,500 (0 244,370 (f) Check My Work Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter On Company off Company 57,000 x a. b. c. d. e. - 2. Prepare On Company's statement of cost of goods manufactured for December. Note: If an amount should be subtracted, begin entry with a minus (-) sign. 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 (10 QUZ Feedback 3. Prepare On Company's income statement for December Note: If an amount should be subtracted, begin entry with a minus (-) sign. On Company Income Statement For the Month Ended December 31 Sales 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