Materials inventory, December 1 $86,220 $110,300 Materials inventory, December...

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Accounting

Materials inventory, December 1 $86,220 $110,300
Materials inventory, December 31 (a) 124,715
Materials purchased 218,900 (a)
Cost of direct materials used in production 255,120 (b)
Direct labor 325,010 248,270
Factory overhead 100,860 123,610
Total manufacturing costs incurred in December (b) 713,870
Total manufacturing costs 846,510 979,810
Work in process inventory, December 1 165,520 265,940
Work in process inventory, December 31 139,630 (c)
Cost of goods manufactured (c) 707,260
Finished goods inventory, December 1 145,690 124,925
Finished goods inventory, December 31 152,570 (d)
Sales 1,270,700 1,103,600
Cost of goods sold (d) 715,195
Gross profit (e) (e)
Operating expenses 165,510 (f)
Net income (f) 243,865

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

Letter On Company Off Company
a. $fill in the blank 9c626205fff0faa_1 $fill in the blank 9c626205fff0faa_2
b. $fill in the blank 9c626205fff0faa_3 $fill in the blank 9c626205fff0faa_4
c. $fill in the blank 9c626205fff0faa_5 $fill in the blank 9c626205fff0faa_6
d. $fill in the blank 9c626205fff0faa_7 $fill in the blank 9c626205fff0faa_8
e. $fill in the blank 9c626205fff0faa_9 $fill in the blank 9c626205fff0faa_10
f. $fill in the blank 9c626205fff0faa_11 $fill in the blank 9c626205fff0faa_12

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