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 $82,110 $103,460 on company off company
materials inventory december 1 $82,110 $103,460
materials inventory, december 31 a 125,000
materials purchased 211,250 a
cost of direct materials used in production 222,900 b
direct labor 313,550 248,900
factory overhead 97,310 123,890
total manufacturing costs incurred in december b 715,710
total manufacturing costs 793,450 982,300
work in process inventory, december 1 159,690 266,590
work in process inventory, december 31 134,740 c
cost of goods manufactured c 709,070
finished goods inventory, december 1 140,560 123,890
finished goods inventory, december 31 147,210 d
sales 1,225,930 1,106,200
cost of goods sold d 715,710
gross profit e e
operating expenses 159,690 f
net income f 245,580
required:

1. determine the amounts of the missing items, identifying them by letter.

2. prepare on company's statement of cost of goods manufactured for december.

3. prepare on company's income statement for december.