na, PR 18-4A manufactured Manufacturing income statement, statement of cost of goods Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of May. Materials inventory, May 1 Materials inventory, May 31 Materials purchased Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred during May Total manufacturing costs Work in process inventory, May 1 Work in process inventory, May 31 Cost of goods manufactured Finished goods inventory, May 1 Finished goods inventory, May 31 Sales Cost of goods sold Gross profit Operating expenses Net income OBJ. 2, 4 Rainier Company $ 100,000 (a) 950,000 938,500 2,860,000

1,800,000 (b) 5,598,500 400,000 382,000 (c) 615,000 596,500 9,220,000 (d) (e) 1,000,000 Yakima Company $ 48,200 50,000 710,000 (a) (b) 446,000 2,484,200 2,660,600 176,400 2,491,500 190,000 (d) 4,550,000 2,470,000 (e) (f) 1,500,000 Instructions 1. Determine the amounts of the missing items, identifying them by letter. 2. Prepare Yakima Company's statement of cost of goods manufactured for May. 3. Prepare Yakima Company's income statement for May.

PR 18-4A Manufacturing income statement, statement of cost of goods OBJ. 2,4 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. Instructions 1. Determine the amounts of the missing items, identifying them by letter. 2. Prepare Yakima Company's statement of cost of goods manufactured for May. 3. Prepare Yakima Company's income statement for May