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Please answer #3. Thanks! 1. What is the cost...

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Accounting

Please answer #3. Thanks! image
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1. What is the cost of goods sold for last year? Checer My Wos 1. Cost of goods manufactured plus beginning finished goods inventory less ending finished goods inventory equals cost of good soid. 2. Prepare an income statement for Elierson for last year. Cost of Goods Sold, Income Statement Elierson Company provided the following information for the last calendar year: Beginning inventory: During the yeac, derect matenals purchoves amevioted to 1275,000 , direct labor cost was 1109,000 , aed everbead cost was 1525,000 , Dunne the year, 100,000 units were completed. Required: 1. What is the cost of goods sold for last year? 3 3. Ellerson's chief accountant believes that conducting trend analyses into the company's cost of goods sold and net income figures over the past 10 years would provide helpfal decsion-making insights. Identify the data analytic bype (descriptive, diagnostic, predictive, of prescriptive) that would be reperesented by these analyses (see Exhibit 2.5 and Exhibit 2.6 for a revew of data analvtic types). These trend analysts represent X data analyses because they provide patterns in the company's financal performance

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