Several items are omitted from the income statement andcost of goods manufacturedstatement data for two different companies for the month of May.

1

Rainier Company

Yakima Company

2

Materials inventory, May 1

$100,000.00

$48,200.00

3

Materials inventory, May 31

(a)

50,000.00

4

Materials purchased

950,000.00

710,000.00

5

Cost of direct materials used in production

938,500.00

(a)

6

Direct labor

2,860,000.00

(b)

7

Factory overhead

1,800,000.00

446,000.00

8

Total manufacturing costs incurred during May

(b)

2,484,200.00

9

Total manufacturing costs

5,998,500.00

2,660,600.00

10

Work in process inventory, May 1

400,000.00

176,400.00

11

Work in process inventory, May 31

382,000.00

(c)

12

Cost of goods manufactured

(c)

2,491,500.00

13

Finished goods inventory, May 1

615,000.00

190,000.00

14

Finished goods inventory, May 31

596,500.00

(d)

15

Sales

9,220,000.00

4,550,000.00

16

Cost of goods sold

(d)

2,470,000.00

17

Gross profit

(e)

(e)

18

Operating expenses

1,000,000.00

(f)

19

Net income

(f)

1,500,000.00

Required:

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