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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

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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 Romaterials anding $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 Faction $30,000 54,UUU 50,000 $40,000 43,000 Hepisode -Factory $30,000 33,000 Factory supple used (indirect Factory utilities $20,000 $10,000 $0 Beginning Ending Beginning Ending Indire labor 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 $800,000 $1,000,000 Mountaineer Co. Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials Raw materials purchases Raw materials available for use 0 Direct materials used $ $ 0 Factory overhead Total factory overhead costs Total manufacturing costs 0 0 Total cost of work in process 0 Cost of goods manufactured $ Mountaineer Co. Computation of Cost of Goods Sold For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold $ 0 Mountaineer Co. Income Statement For Year Ended December 31 Cost of goods sold: Cost of goods available for sale Cost of goods sold Operating expenses: Total operating expenses Net income

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