Row materials, beginning Raw materials purchases Direct materials used Raw materials, ending 50 $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 90 Beginning Ending Beginning Ending Depreciation expense-Factory 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 *** + ableau $800,000 $1,000,000 FOTO 1. (a) Do the accounts shown in the Tableau Dashboard suggest Mountaineer Company is a manufacturer or a merchandiser? 1. (b) Which of the following accounts distinguishes Mountaineer Company as a manufacturer or merchandiser? 2. Identify the amount of raw materials purchases. 3. Compute the amount of direct materials used. Req 1 Reg 2 and 3 2. Identify the amount of raw materials purchases. 3. Compute the amount of direct materials used. 2. Raw materials purchases 3. Direct materials used Row materials, beginning Raw materials purchases Direct materials used Raw materials, ending 50 $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 90 Beginning Ending Beginning Ending Depreciation expense-Factory 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 *** + ableau $800,000 $1,000,000 FOTO 1. (a) Do the accounts shown in the Tableau Dashboard suggest Mountaineer Company is a manufacturer or a merchandiser? 1. (b) Which of the following accounts distinguishes Mountaineer Company as a manufacturer or merchandiser? 2. Identify the amount of raw materials purchases. 3. Compute the amount of direct materials used. Req 1 Reg 2 and 3 2. Identify the amount of raw materials purchases. 3. Compute the amount of direct materials used. 2. Raw materials purchases 3. Direct materials used