1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as...

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1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. On Company Off Company 47,440 Letter a. b. C. d. e. f. LA LA tA tA $ 420,320 436,870 432,460 380,600 274,690 $ $ $ $ $ $ 108,560 X 63,040 76,600 X 255,080 94,660 ✔ Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct 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 On Off Company Company $55,160 $72,260 (a) 81,650 140,110 147,830 207,950 64,540 (b) 526,230 105,910 89,360 (c) 93,220 97,630 813,060 (d) (e) 105,910 (f) (b) 162,590 80,930 467,520 526,230 174,150 (c) 463,190 80,930 (d) 722,600 467,520 (e) (f) 160,420 1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. On Company Off Company 47,440 Letter a. b. C. d. e. f. LA LA tA tA $ 420,320 436,870 432,460 380,600 274,690 $ $ $ $ $ $ 108,560 X 63,040 76,600 X 255,080 94,660 ✔ Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct 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 On Off Company Company $55,160 $72,260 (a) 81,650 140,110 147,830 207,950 64,540 (b) 526,230 105,910 89,360 (c) 93,220 97,630 813,060 (d) (e) 105,910 (f) (b) 162,590 80,930 467,520 526,230 174,150 (c) 463,190 80,930 (d) 722,600 467,520 (e) (f) 160,420

Answer rating: 100% (QA)

On Company a Ending Raw materials inventory Material purchase Beginning Raw materials inventory Cost ... View the full answer