consider the following selected amounts and account balances of crater inc manufactu 3616797

February 11, 2021/in Business Homework Help Online /by Joseph

Consider the following selected amounts and account balances of Crater, Inc.: Manufacturing overhead………………………………………………………………………………………. $ 22,000,Accounts receivable………………………………………………………………………….. $ 75,000,Direct materials used………………………………………………………………………… $ 15,100,Cost of goods sold……………………………………………………………………………. $ 100,000,Raw materials inventory…………………………………………………………………….. $ 9,700,Cost of goods manufactured……………………………………………………………… $ 99,000 Cash………………………………………………………………………………………………… $ 15,200,Direct labor……………………………………………………………………………………… $ 42,000,Marketing expense…………………………………………………………………………… $ 32,000,Work in process inventory………………………………………………………………….. $ 35,000,Finished goods inventory…………………………………………………………………… $ 59,000,Prepaid expenses……………………………………………………………………………… $ 5,500,Requirement ,Show how this company reports current assets on the balance sheet. Not all data are used. Is this company a service company, a merchandiser, or a manufacturer? How do you know?

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