Starting Question Instructions 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 2 Materials inventory, May 1 1 Materials inventory, May 31 Materials purchased Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred in May Total manufacturing costs 10 Work in process inventory, May 1 11 Work in process inventory, May 31 12 Cost of goods manufactured Finished anade imatan Mal Rainier Company Yakima Company $281,960.00 (a) $179,000.00 178,000.00 712,200.00 341,200.00 751,600.00 (a) 1,059,200.00 (0) 325,800.00 180,400.00 (b) 1,032,000.00 2,677,600.00 1,475,500.00 541,000.00 443,500.00 452,000.00 (c) (c) 1,025,500.00 138300.00 305.000.00 Instructions Materials purchased s Cost of direct materials used in production Direct labor 7 Factory overhead Total manufacturing costs incurred in May Total manufacturing costs 10 Work in process inventory, May 1 11 Work in process inventory, May 31 12 Cost of goods manufactured 13 Finished goods inventory, May 1 14 Finished goods inventory, May 31 15 Sales 16 Cost of goods sold 17 Gross profit 18 Operating expenses 19 Net income 712,200.00 341,200.00 751,600.00 (a) 1,059,200.00 (b) 325,800.00 180,400.00 (b) 1,032,000.00 2,677,600.00 1,475,500.00 541,000.00 443,500.00 452,000.00 (c) (c) 1,025,500.00 478,200.00 205,000.00 495,400.00 (d) 4,144,000.00 1,671,000.00 (d) 1,053,500.00 (e) (e) $45,000.00 ( (1) 382,900.00 a. Determine the amounts of the missing items, identifying them by letter. Additional Instruction Letter a. b. C. $ 69 $ $ Rainier Company Yakima Company $ $ $ d. $ $ e. $ $ f. $ $ Statement of Cost of Goods Manufactured Yakima Company Statement of Cost of Goods Manufactured (Label) 1 2 Direct materials: 10 10 11 12 13 Income Statement 1 2 Cost of goods sold: 3 5 6 7 10 Yakima Company Income Statement (Label)