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Raw Mat. beginning == $60,000 Raw Mat. Purchased =$140,000 Raw Mat. Ending =$64,000 G&A Expenses =$103,500 Selling Expenses = $75,000 Rent Expenses = $45,000 Repairs
Raw Mat. beginning == $60,000 Raw Mat. Purchased =$140,000 Raw Mat. Ending =$64,000 G&A Expenses =$103,500 Selling Expenses = $75,000 Rent Expenses = $45,000 Repairs expenses = $11,500 Indirect Materials= $14,000 Factory Utilities =$9500 Indirect Labor = $38,000
You have been asked by the CEO of Mountaineer Co. 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 Raw 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 Rent expense - Factory $50,000 54,000 50,000 $40,000 43,000 Repairs expense - Factory $30,000 33,000 Factory supplies used indirect materials) Factory utilities $20,000 $10,000 SO Beginning Ending Beginning EndingStep by Step Solution
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