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 1 388,690 $118,840 Materials inventory, December 31 134,290 Materials purchased 225,270 Cost of direct materials used in production 237,690 (b) Direct labor 334,360 267,390 Factory overhead 103,770 133,100 Total manufacturing costs incurred in December (b) 768,890 Total manufacturing costs 346,100 1,055,290 Work in process inventory, December 1 170,280 286,400 Work in process inventory, December 31 143,680 (c) Cost of goods manufactured (0 761,760 Rinished goods inventory, December 1 149,890 133,100 Finished goods inventory, December 31 156,980 Sales 1,307,290 1,188,400 Cost of goods sold (d) 768,890 Gross profit (e) Operating expenses 170,280 Net Income 263,820 1. Determine the amounts of the missing items, Identifying them by letter. Enter all amounts as positive numbers. Letter On Company Off Company 76,270 383,850 675,820 368,400 > C. d. e. f. X 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 X Direct materials: X X Total manufacturing costs incurred Total manufacturing costs xx X X 3. Prepare On Company's income statement for December. On Company Income Statement For the Month Ended December 31 X X Cost of goods sold: X X X X X X X X X X