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 $88,710 $117,980 Materials inventory, December 1 Materials inventory, December 31 (a) 133,320 Materials purchased 225,320 Cost of direct materials used in production 237,740 Direct labor 334,440 265,460 103,790 Factory overhead 132,140 Total manufacturing costs incurred in December 763,330 (b) Total manufacturing costs 846,290 1,047,660 170,320 284,330 Work in process inventory, December 1 Work in process inventory, December 31 143,710 Cost of goods manufactured (c) 756,250 Finished goods inventory, December 1 149,920 132,140 Finished goods inventory, December 31 157,020 Sales 1,307,590 1,179,800 Cost of goods sold (d) 763,330 Gross profit Operating expenses 170,320 (f) Net income 261,920 Required 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers On Company Letter Off Company 88,710 117,980 a. b. C. d. 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