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when you get from income statement, statement of cost of goods manufactured Instructions 2 Materials inventory, December 1 Prius Company $280,560.00 Volt Company $176,000.00 Materials

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Instructions 2 Materials inventory, December 1 Prius Company $280,560.00 Volt Company $176,000.00 Materials inventory, December 31 176,500.00 Materials purchased 712,400.00 340,400.00 Cost of direct materials used in production (a) 6 Direct labor 752,800.00 1,058,000.00 Factory overhead 325,600.00 180,000.00 1,034,000.00 2,677,200.00 1,477,000.00 540,800.00 443,000.00 451,800.00 8 Total manufacturing costs incurred during December 9 Total manufacturing costs 10 Work in process inventory, December 1 11 Work in process inventory, December 31 12 Cost of goods manufactured 15 Finished goods inventory, December 1 14 Finished goods inventory, December 31 15 Sales 16 Cost of goods sold 17 Gross profit (c) 1,026,500.00 202,500.00 479,200.00 497,000.00 4,143,000.00 1,673,500.00 1,045,000.00 543,000.00 18 Operating expenses 19 Net income (0) 381,300.00 Starting Question SA A. Determine the amounts of the missing items, identifying em by letter. Enter all amounts as positive numbers. Letter Prius Company Volt Company oo- B. Prepare Volt Company's statement of cost of goods manufactured for December Refer to the Amount Descriptions ist provided for the exact wording of the answer choices for text entries. Zess" or "Plus" will automatically appear if it is required. Enter al amounts as positive numbers Volt Company Statement of Cost of Goods Manufactured For the Month Ended December 31, 2016 Direct mana 11 Total manufacturing costs Income Statement C. Prepare Volt Company's income statement for December Refer to the Amount Descriptions list provided for the exact wording of the answer choice for text entries. Less" or "Plus" will automatically appear if it is required Enfer all amounts as positive numbers. Men Company Income Statement For the Month Ended December 31, 2016 Cost of goods sold

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