PR 15-4A Manufacturing Income Statement, Statement of Cost of Goods Manufactured ohi 3 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 $ 100.000 Yakima Company $ 48,200 50.000 (a) 950.000 710,000 938.500 CO) 2,560,000 1.800.000 146,000 (b) 7.434,200 5,998,500 2.660,000 Materials inventory, May 1 Materials inventory, May 31 Materials purchased Cost of direct inter sein production Direct labor Factory overhead Total manufacturing consecured in May Totai manufacturing contes Work in process inventory, May 1 Work in process inventory, May 31 Cost of goods manufactured Finished goods inventory, May ! Finished goods inventory, Mary 31 Sales Cost of goods sold Gross profit Operating expenses Net Income 176.100 400,000 382.000 ( . 249,500 190,000 615.000 596,500 9,220,000 (d) 4,550,000 2.470,000 (e) (e 1,000,000 05 1,500,000 0 Instructions 1. For both companies, determine the amounts of the missing items() through () identifying them by letter Check Figureb Yakima Company, 51,330,000 2. Prepare Yakima Company's statement of cost of goods manufactured for May 3. Prepare Yakima Company's income statement for May MacBook Pro Waarweblons Answers are entered in the cels with gray backgrounds Cells with non-gray backgrounds are protected and cannot be edited in asterisk () will appear to the right of an incomect entry. 1. Ginocera Inc. Income Statement For the Year Ended December 31, 20Y8 Sales Cost of goods sold Gross profit Seling and administrative expenses Seiling expenses Promotional materials Infomercial campaign Shipping expenses Total selling expenses Administrative expenses Legal expenses Total selling and administrative expenses Operating income Cost of goods sold supporting calculation: Manufacturing cost per unit knife Direct materials Hardened steel blanks Wood for handle) Packaging Total direct materials Direct labor Factory overhead Total manufacturing cost per knife * Number of units sold Cost of goods sold Finished goods inventory balance December 31, 20Y8 Units produced Less: Units sold Unts remaining in inventory x Manufacturing cost per unit Pr. 16/2)-5A Mad Autive 2-OBD- Home Insert Draw Page Layout Formas Data Review View Tell me Pene Merye & Cart 3 C Cod December 2013 ded Lee Un so We Decor Add to mandag 14 85 a7 80 e Pr. 162-5 Ready