Statement of Cost of Goods Manufactured 1 Work in process inventory, May 1 Yakima Company Statement of Cost of Goods Manufactured For the Month Ended May 31 2 Direct materials: 3 Materials inventory, May 1 4 Purchases 5 Cost of materials available for use 6 Materials inventory, May 31 7 Cost of direct materials used in production 8 Direct labor 9 Factory overhead 10 Total manufacturing costs incurred in May 11 Total manufacturing costs 12 Work in process inventory, May 31 13 Cost of goods manufactured Sc a. Determine the amounts of the missing items, identifying them by letter. Enter all amounts Letter a b. $177,000.00 d. S Rainier Company Yakima Company S Instructions 1 2 Materials inventory. May 1 3 Materials inventory, May 31 4 Materials purchased s Cost of direct materials used in production 6 Direct labor 7 Factory overhead 8 Total manufacturing costs incurred in May 9 Total manufacturing costs 10 Work in process inventory, May 1 11 Work in process inventory, May 31 Rainier Company $280.000.00 (a) Yakima Company $177.000.00 175.000.00 712.600.00 340.000.00 752.800.00 (a) 1.059.800.00 (b) 326.600.00 179.400.00 (b) 1,038,000.00 2.679,200.00 1,480,500.00 540.000.00 442,500.00 451.400.00 (c) 12 Cost of goods manufactured 1,026,500.00 13 Finished goods inventory, May 1 475,200.00 200,000.00 14 Finished goods inventory, May 31 15 Sales 16 Cost of goods sold 17 Gross profit 18 Operating expenses 19 Net income 495.600.00 (d) 4.142.000.00 1.679.000.00 (d) 1,048,500.00 (e) (e) 545.000.00 (F) 384.100.00