Please show the formula's for each box so I can see the work.

1. Rita Company $ 139,500 65,100 (a) (b) Margo Company $ 47,000 (a) 202,000 227,000 277,000 106,000 (b) 695,000 85,000 123,000 (c) 160,000 141,000 805,000 (d) (e) 84,000 (t) 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 412,300 182,900 1,085,000 1,233,800 148,800 (c) 1,094,300 192,200 (d) 1,388,800 1,103,600 (e) (1) 117,800 2. MARGO COMPANY Statement of Cost of Goods Manufactured For the Month Ended December 31, 2012 Work in process inventory, December 1, 2012 Direct materials: Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred during December Total manufacturing costs Less: Cost of goods manufactured 3. MARGO COMPANY Income Statement For the Month Ended December 31, 2012 Sales Cost of goods sold: Cost of finished goods available for sale Cost of goods sold Gross profit Operating expenses Net income