Question: I would like help with this one Required information [The following information applies to the questions displayed below.] You have been asked by the CEO
I would like help with this one

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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 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, ending $25,000 $125,000 $150,000 $175,000 $200,000 Work in Process & Finished Goods Inventories Work in Process Finished Goods $50,000 $40,000 $30,000 SO Direct materials used $50,000 Indirect labor $75,000 $100,000 Factory utilities $43,000 $33,000 $50,000 $54,000 Indirect labor Property taxes-Factory Repairs-Factory equipment Depreciation expense-Factory $54,000 $33,000 Beginning Ending Beginning Ending Additional Data Accounts receivable, net Cash Direct labor Sales and Select Expense Accounts $200,000 $400,000 $600,000 Sales General & administrative expenses Selling expenses +ableau SO $50,000 $40,000 $30,000 $20,000 $10,000 $0 Factory utilities $43,000 $50,000 $150,000 $350,000 $180,000 $800,000 $1,000,000 & TO Mountaineer Co. Income Statement For Year Ended December 31 $ Sales Cost of goods sold: Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Cost of goods sold Answer is not complete. Gross profit Selling expenses Organization expenses General and administrative expenses Net income 50,000 444,000 494,000 $ 1,000,000 494,000 506,000 103,500 75,000 178,500 $ 149,000
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