Yakima Rainier Company Company 100,00048,200 Materials inventory, May 1 Materials inventory, May 31 Materials purchased Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred during May Total manufacturing costs Work in process inventory. May 1 Work in process inventory, May 31 Cost of goods manufactured Finished goods inventory, May 1 Finished goods inventory, May 31 Sales Cost of goods sold Gross profit Operating expenses Net income (a)11500 950,000 50,000 710,000 938,500(708,200 2,860,000 (b)- 1,330,00 446,000 2,484,200 1,800,000 (b)5.598,500 5,598,500 400,000 2,660,600 176,400 169,100 2,491,500 190,000 382,000 c)1 e5616500 615,000 596,500(d) 50 9,220,000 4,550,000 2,470,000 (e) 3585.0o0 () 2.080,000 1,000,000 21585.000 (0 1,500,000