Homework answers / question archive /  1 HW Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of Decembe On orr Company Company $86,220 $110,340 124,715 (a) (b) 218,900 246,120 325,030 100,880 248,270 123,610 (b) 713,915 979,855 837,550 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 265,940 165,520 139,640 (c) (c) 707,305 145,670 125,300 (d) 1,103,560 715,625 152,590 1,270,700 (d) (0) 165,540 (1) (e) Operating expenses (0) Net Income 243,395 Required: 1

 1 HW Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of Decembe On orr Company Company $86,220 $110,340 124,715 (a) (b) 218,900 246,120 325,030 100,880 248,270 123,610 (b) 713,915 979,855 837,550 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 265,940 165,520 139,640 (c) (c) 707,305 145,670 125,300 (d) 1,103,560 715,625 152,590 1,270,700 (d) (0) 165,540 (1) (e) Operating expenses (0) Net Income 243,395 Required: 1

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 1 HW Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of Decembe On orr Company Company $86,220 $110,340 124,715 (a) (b) 218,900 246,120 325,030 100,880 248,270 123,610 (b) 713,915 979,855 837,550 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 265,940 165,520 139,640 (c) (c) 707,305 145,670 125,300 (d) 1,103,560 715,625 152,590 1,270,700 (d) (0) 165,540 (1) (e) Operating expenses (0) Net Income 243,395 Required: 1. Determine the amounts of the missing items, Identifying them by letter. Enter all amounts as positive numbers Letter On Company off Company a 59,000 b. C d. e Feedback