Rainier Company $280,560.00 Yakima Company $176,000.00 176,500.00 340,400.00 2 Materials inventory, May 1 3 Materials inventory, May 31 4 Materials purchased s Cost of direct materials used in production 6 Direct labor (a) 712,400.00 752,800.00 (b) 1,058,000.00 325,600.00 180,000.00 7 Factory overhead 8 Total manufacturing costs incurred during May 9 Total manufacturing costs 10 Work in process inventory, May 1 11 Work in process inventory, May 31 2,677,200.00 1,034,000.00 1,477,000.00 443,000.00 540,800.00 451,800.00 1.026,500.00 12 Cost of goods manufactured 479,200.00 202,500.00 13 Finished goods inventory, May 1 14 Finished goods inventory, May 31 497,000.00 4,143,000.00 1673,500.00 s Sales 1045,000.00 16 Cost of goods sold 17 Gross profit 11 Operating expenses 381 300,00 19 Net income Required: A. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. B. Prepare Yakima Company's statement of cost of goods manufactured for May. C. Prepare Yakima Company's income statement for May." "Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Less" or "Plus" will automatically appear if it is required. Enter all amounts as positive numbers. Be sure to complete the statement heading. Labels For the Month Ended May 31 For the Quarter Ended May 31 For the Year Ended May 31 For the Year Ended May 31 Amount Descriptions Cost of direct materials used Cost of finished goods available for sale Cost of goods manufactured Cost of goods sold Cost of materials available for use Direct Labor Factory overhead Finished goods inventory, May 1 Finished goods inventory, May 31 Gross profit Materials inventory, May 1 Materials inventory, May 31 Net income Operating expenses Purchases Sales Total manufacturing costs incurred during May Work in process inventory, May 1 Work in process inventory, May 31 A. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers. Letter Rainier Company Yakima Company do o ti Be sure to complete the statement heading Yakima Company Statement of Cost of Goods Manufactured (Label Direct materials: 11 Total manufacturing costs 12 C. Prepare Yakima Company's income statement for May. Refer to the Labels and Amount Descriptions list provided for the exact wording of the an choices for text entries. "Loss" or "Plus" will automatically appear if it is required. Enter al amounts as positive numbers. Be sure to complete the statement heading Yakima Company Income Statement (Label) 2. Cost of goods sold