classifying each PR 15-4B Manufacturing income statement, statement of cost of a and cost of...
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classifying each PR 15-4B Manufacturing income statement, statement of cost of a and cost of goods manufactured Several items are omitted from the income statement data for 1. C. On Company, Several items are omit two different companies for the month of December: Company S 65,800 5 195,300 91,140 EXCEL TEMPLATE 282,800 317,800 387,800 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Ana 577,220 256,060 1,519,000 1,727,320 208,320 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 973,000 119,000 172,200 1,532,020 224,000 197,400 1,127,000 1,944,320 1,545,040 Cost of goods sold Gross profit Operating expenses Net income 117,600 164,920 Instructions 1. For both companies, determine the amounts of the missing items (A) through (F), identify ing 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
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