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 $50,000 $54,000 $50,000 $40,000 Factory utilities $43,000 $30,000 $33,000 Property taxes-Factory Repairs-Factory equipment $20,000 $10,000 | 8 $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 Ch Sales and Select Expense Accounts Sales General & administrative expenses Selling expenses $o $200,000 $400,000 $600,000 $1,000,000 $800,000 > K # +ableau Compute cost of goods sold for the year ended December 31. Note: Use cost of goods manufactured calculated in part 1. Add: Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold mmmmmmmmmmmmmm $ 0 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 $50,000 $54,000 $50,000 $40,000 Factory utilities $43,000 $30,000 $33,000 Property taxes-Factory Repairs-Factory equipment $20,000 $10,000 | 8 $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 Ch Sales and Select Expense Accounts Sales General & administrative expenses Selling expenses $o $200,000 $400,000 $600,000 $1,000,000 $800,000 > K # +ableau Compute cost of goods sold for the year ended December 31. Note: Use cost of goods manufactured calculated in part 1. Add: Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold mmmmmmmmmmmmmm $ 0