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answer must be completed in full to be considered correct You have been asked by the CEO of Mountaineer Company to assist in analyzing product
answer must be completed in full to be considered correct
You have been asked by the CEO of Mountaineer Company to assist in analyzing product costs. This analysis is used in internal decision making and in reporting to investors. The following Tableau Dashboard provides data needed for the analysis. Raw Materials Inventories Raw materials, beginning Raw materials purchases Direct materials used Raw materials, ending $0 $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 Work in Process & Finished Goods Inventories Work in Process Finished Goods indirect labor $50,000 $54,000 $50,000 $40,000 Factory $43.000 Work in Process & Finished Goods Inventories Work in Process Finished Goods Indirect labor $50,000 $54,000 $50,000 $40,000 Factory utilities $43,000 $30,000 $33,000 Property taxes--Factory Repairs --Factory equipment $20,000 $10,000 $0 Beginning Ending Beginning Ending Depreciation expense-Factory Additional Data Accounts receivable, net $150,000 Cash $350,000 Direct labor $180,000 Property taxes--Factory Repairs--Factory equipment $20,000 $10,000 $0 Beginning Ending Beginning Ending Depreciation expense-Factory Additional Data Accounts receivable, net $150,000 Cash $350,000 Direct labor $180,000 Sales and Select Expense Accounts Sales General & administrative expenses Selling expenses $0 $200,000 $400,000 $600,000 *+ableau $800,000 $1,000,000 TO Compute the total (1) prime costs and (2) conversion costs Step by Step Solution
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