Tableau DA 14-2: Exercise, Cost classification and current assets section of balance sheet LO C2, P2

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 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 Rent expense - Factory $50,000 54,000 50,000 $40,000 43,000 Repairs expense - Factory $30,000 33,000 Factory supplies used indirect materials) Factory utilities $20,000 $10,000 $0 Beginning Ending Beginning Ending Indirect 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 tableau Tableau DA 14-2: Exercise, Classifying costs 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 Direct materials used Total prime costs Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 --------------- Compute the total conversion costs. Factory overhead Total factory overhead Total conversion costs