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Correct the red highlighted boxes and double check the answers before submitting please! Thanks in advance Several items are omitted from the income statement and

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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 Company Yakima Company $48200.00 50,000.00 71000000 100,00000 2Materials inventory, May s Materials inventory, May 31 Materials purchased 950,000.00 s Cost of direct materials used in production 938,50000 6 Direct labor Factory overhead 8 Total manufacturing costs incurred in May 9 Total manufacturing costs 10 Work in process inventory, May 1 s Work in process inventory, May 31 12 Cost of goods manufactured 11 Finished goods inventory, May 1 4Finished goods inventory, May 31 446,000.00 2,484,200.00 ,998,50000 2,660,600.00 400,000.00176400.00 82,000.00 (9 15,000.00 596,500.00 (d 2,491,500.00 190,000.00

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