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 140000 Raw materials purchases Raw mterials, Beginning 64000 Rawmaterials, ending Rawmaterials used $25,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $50,000 Work in Process & Finished Goods Inventories 45 000 Work in Process Finished Goods Rent expense-Factory $50,000 54,000 50,000 115 00 $40,000 43,000 Repairs expense -Factory $30,000 14 000 33,000 9500 Eactory Factory supplies used (indirect materials) $20,000 utilities $10,000 so Beginning Ending Beginning Ending Factory supplies used (indirect materials) Factory utilities $20,000 $10,000 so 38000 Beginning Ending Beginning Ending Indirect labor Additional Data Accounts receivable, net Cash Direct labor $150,000 $350,000 $180,000 Sales and Select Expense Accounts l00000 Sales 03500 15000 General & administrative expenses Selling expenses S0 $200,000 $400,000 $600,000 $800,000 $1,000,000 Compute the total (1) prime costs and (2) conversion costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total prime costs. Direct materials Raw materials available for use 0 Direct materials used 0 Total prime costs S 0 Required 1 Required 2 Compute the total conversion costs. Factory overhead Total factory overhead 0 $ 0 Total conversion costs Prepare the current assets section of the balance sheet for the current year ended December 31. Mountaineer Co. Partial Balance Sheet December 31 Inventories Total current assets 0