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Raw Materials beg $60,000 Raw Materials purchases $140,000 Raw Materials ending $64,000 Indirect labor $38,000 Factory utilities $9,500 Property taxes factory $14,000 Repairs Factory equipment
Raw Materials beg $60,000
Raw Materials purchases $140,000
Raw Materials ending $64,000
Indirect labor $38,000
Factory utilities $9,500
Property taxes factory $14,000
Repairs Factory equipment $11,500
Depreciation expense factory $45,000
Required information [The following information applies to the questions displayed below.] 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 utilities $43,000 $30,000 $33,000 0 Property taxes-Factory Repairs-Factory equipment $20,000 $10,000 $0 Beginning Ending Beginning Ending Depreciation expense-Factory Additional Data Accounts receivable, net Cash Direct labor $150,000 $350,000 $180,000 Sales and Select Expense Accounts Sales General & administrative expenses Selling expenses $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 General & administrative expenses Selling expenses $0 $200,000 $400,000 $600,000 tableau $800,000 $1,000,000 K ho Prepare the current assets section of the balance sheet at December 31. Mountaineer Co. Balance Sheet-Current Assets Section December 31 Total current assets
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