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Required information [The following information applies to the questions displayed below.] You have been asked by the CEO of Mountaineer Company to assist in
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 Direct materials used Raw materials purchases 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 Actival Property taxes-Factory Repairs-Factory $20,000 equipment $10,000 $0 Beginning Ending Beginning Ending Depreciation expense-Factory Additional Data Accounts receivable, not $150,000 Cash $350,000 Direct labor $180,000 Sales Sales and Select Expense Accounts General & administrative expenses Selling expenses +ableau $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 Prepare the current assets section of the balance sheet at December 31. Mountaineer Co. Balance Sheet-Current Assets Section December 31 Total current assets $ 0
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