1.b. Yakima Company $1,330,000 THE TIPARE Chapter 15 Introduction to Mariagerial Accounting 783 PR 15-4A Manufacturing income statement statement of cost of goods Obj. 3 manufactured Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of May Rainier Yakima Company Company Materials inventory, May 1 $ 100.000 $ 41.200 Materials inventory, May 31 50,000 Material purchased 950.000 710.000 Cost of direct materials used in production 938.500 LA! Direct labor 2.860,000 Factory overhead 1.800,000 446,000 Total manufacturing costs incurred in May 2.484.200 Total manufacturing costs 5.998,500 2.600 Work in process inventory. May 400.000 Work in process inventory, May 31 342.000 Cost of goods manufactured 10 249.00 Finished goods inventory, May! 615.000 190.000 Finished goods inventory, May 31 59.500 Idi Sales 2,220,000 4.550.000 Cost of goods sold id) 7470.000 Gross profit lel Operating expenses 1.000.000 Nec income 1.500.000 Instructions 1. For both companies, determine the amounts of the missing hems() through C), identifying them by letter 2. Prepare Yakima Company's statement of cost of goods manufactured for May, 3. Prepare Yakina Company's income statement for May PR 15-5A Statement of cost of goods manufactured and income Obj. 3 statement for a manufacturing company The following information is available for Robstown Corporation for 2078 Inventories January 1 December 31 Materials $ 44.250 Work in process 30.000 Finished good 101200 99.000 Advertising expense $ 400.000 Depreciation expense-office equipment 30.000 Depreciation expense-factory equipment 0.000 Direct labor 1.100.000 Heat, aight and power-Factory $3.300 Inductober Materials purchased 556,600 Office salaries expense 318.000 Property taxes-factory 40.000 Property office building 25.000 Rent expense-factory 27,000 Sales 1.850.000 Sales salaries expense 200.000 Supplies-factory 9500 Miscellaneous costs factory 11,400 Instructions 1. Prepare the 2018 statement of cost of goods manufactured 2. Prepare the 2018 income statement 1. Cost of goods manufactured $1,989,250 61.900 HOW TO EACHTA 115.000