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Required Information Tableau DA 1-3: Mini-Case, Schedule of cost of goods manufactured and income statement preparation LO C2 [The following information applies to the questions
Required Information Tableau DA 1-3: Mini-Case, Schedule of cost of goods manufactured and income statement preparation LO C2 [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, beginning Raw Materials Inventories Direct materials used Raw materials purchases Raw materials, ending $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200 Indirect labor Property taxes-Factory Repairs-Factory equipment Depreciation expense-Factory Work in Process & Finished Goods Inventories $50,000 Work in Process $40,000 Factory $43,000 utilities $30,000 $20,000 $33,000 Finished Goods $54,0 $50,000 $10,000 $0 Beginning Ending Beginning Endi Additional Data Accounts receivable, net $150,000 Cash Direct labor $350,000 $180,000 Sales Sales and Select Expense Accounts General & administrative expenses Selling expenses 50 $200.000 $400.000 $600.000 $800.000 $1.000.0 Tableau DA 1-3: Mini-Case, Preparing a schedule of cost of goods manufactured Prepare a schedule of cost of goods manufactured for the year ended December 31. Mountaineer Co. Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured
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