Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of May.

1		Rainier Company	Yakima Company
2	Materials inventory, May 1	$280,280.00	$179,000.00
3	Materials inventory, May 31	(a)	177,500.00
4	Materials purchased	712,000.00	340,000.00
5	Cost of direct materials used in production	752,000.00	(a)
6	Direct labor	1,059,600.00	(b)
7	Factory overhead	325,200.00	179,600.00
8	Total manufacturing costs incurred during May	(b)	1,035,000.00
9	Total manufacturing costs	2,676,800.00	1,479,500.00
10	Work in process inventory, May 1	540,000.00	444,500.00
11	Work in process inventory, May 31	451,400.00	(c)
12	Cost of goods manufactured	(c)	1,027,500.00
13	Finished goods inventory, May 1	478,400.00	201,000.00
14	Finished goods inventory, May 31	495,200.00	(d)
15	Sales	4,143,000.00	1,676,500.00
16	Cost of goods sold	(d)	1,053,500.00
17	Gross profit	(e)	(e)
18	Operating expenses	540,000.00	(f)
19	Net income	(f)	383,000.00

Required:

A.

Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers.

B.

Prepare Yakima Companys statement of cost of goods manufactured for May.*

C.

Prepare Yakima Companys 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.