2 Materials inventory, May 1 Materials inventory, May 31 Materials purchased Cost of direct materials used in production Kainier Company Yakima Company $281,960.00 Direct labor 7 Factory overhead Total manufacturing costs incurred in May Total manufacturing costs 20 Work in process inventory, May 1 11 Work in process inventory, May 31 12 Cost of goods manufactured 13 Finished goods inventory, May 1 14 Finished goods inventory, May 31 15 Sales 16 Cost of goods sold 17 Gross profit 18 Operating expenses $179,000.00 (2) 178,000.00 712,200.00 341,200.00 751,600.00 (a) 1,059,200.00 (b) $25,800.00 180,400.00 (b) 1,032,000.00 2,677,600.00 1,475,500.00 541,000.00 443,500.00 452,000.00 (c) (c) 1,025,500.00 478,200.00 205,000.00 495,400.00 4,144,000.00 1,671,000.00 (0) 1,053,500.00 . (e) 545,000.00 (e) Instructions 9 Total manufacturing costs 2,677,600.00 1,475,500.00 10 Work in process inventory, May 1 541,000.00 443,500.00 11 Work in process inventory, May 31 452,000.00 (c) 12 Cost of goods manufactured 13 Finished goods inventory, May 1 14 Finished goods inventory, May 31 15 Sales 16 Cost of goods sold 17 Gross profit 18 Operating expenses 19 Net income (c) 1,025,500.00 478,200.00 205,000.00 495,400.00 (d) 4,144,000.00 1,671,000.00 (d) 1,053,500.00 (e) (e) 545,000.00 (1) (f) 382,900.00 Staring stion a. Determine the amounts of the missing items, identifying them by letter. 0.00 0.00 Additional Instruction 0.00 Letter Rainier Company Yakima Company a. $ 0.00 b. $ $ 0.00 C. $ $ d. $ $ 0.00 1 2 Direct materials: 3 $ 6 7 9 10 11 13 12 13 Statement of Cost of Goods Manufactured (Label) 1 2 Cost of goods sold: 3 4 5 10 6 7 11 12 8 9 15 10 Yakima Company Income Statement (Label)