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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

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 $59,040 $77,930
Materials inventory, December 31(a)88,060
Materials purchased 149,960(a)
Cost of direct materials used in production 158,230(b)
Direct labor 222,580175,340
Factory overhead 69,08087,280
Total manufacturing costs incurred in December (b)504,210
Total manufacturing costs 563,250692,020
Work in process inventory, December 1113,360187,810
Work in process inventory, December 3195,640(c)
Cost of goods manufactured (c)499,530
Finished goods inventory, December 199,78087,280
Finished goods inventory, December 31104,500(d)
Sales 870,250779,300
Cost of goods sold (d)504,210
Gross profit (e)(e)
Operating expenses 113,360(f)
Net income (f)173,000
Required:
Question Content Area
1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers.
Letter On Company Off Company
a. $fill in the blank b62282041073ff5_1 $fill in the blank b62282041073ff5_2
b. $fill in the blank b62282041073ff5_3 $fill in the blank b62282041073ff5_4
c. $fill in the blank b62282041073ff5_5 $fill in the blank b62282041073ff5_6
d. $fill in the blank b62282041073ff5_7 $fill in the blank b62282041073ff5_8
e. $fill in the blank b62282041073ff5_9 $fill in the blank b62282041073ff5_10
f. $fill in the blank b62282041073ff5_11 $fill in the blank b62282041073ff5_12
Question Content Area
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
$- Select -
Direct materials:
$- Select -
- Select -
$- Select -
- Select -
$- Select -
- Select -
- Select -
Total manufacturing costs incurred fill in the blank 15bddd0cb02bf97_17
Total manufacturing costs $fill in the blank 15bddd0cb02bf97_18
- Select -
$- Select -
Question Content Area
3. Prepare On Company's income statement for December.
On Company
Income Statement
For the Month Ended December 31
$- Select -
Cost of goods sold:
$- Select -
- Select -
$- Select -
- Select -
- Select -
$- Select -
- Select -
$- Select -

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