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Several Teems ae o statemeht data To erent compahies tor the month or Decembe On Off Company Company $83,540 $109,440 123,670 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Dlrect 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 212,190 223,890 314,950 97,740 (b) 796,980 160,400 135,330 246,240 122,570 708,080 971,830 263,750 (c) 701,510 141,180 122,570 147,870 1,231,380 1,094,400 708,080 160,400 (f) 242,960T00 Required 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter On Company Off Company a. b. C. d. e. f.2. Prepare On Companys 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 costs3. Prepare On Companys income statement for December. On Company Income Statement For the Month Ended December 31 Cost of goods sold:

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