Mail- Become Sylabus O optavlam Our in Ellerson Company provided the following information for the last calendar year. Beginning inventory: ch Direct materials $68,000 ar Work in process 29.400 ces Finished goods 43,200 Ending inventory Et Direct materials $70,400 Work in process COVID on 6 40.000 Finished goods 42. 100 burse Course Ma Course During the year, direct materials purchases amounted to $278.000, direct labor cast was $189.000, and overhead cost was $523,000. During the year, 100,000 units were completed. Last calendar year, Ellerson recognized revenue of $1,312.000 and had seltils and administrative expenses of $204.600 Required: 1. Calculate the total cost of direct materials used in production 2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. 3. Of the unit manufacturing cost cakulated in Requirement 2. 52.70 is direct materials and $5.30 overhead. What is the prime cost per unit? Conversion cost per unit 4. What is the cost of goods sold for last year? 5. Prepare an income statement for Ellerson for last year. le Student MacBook Pro RE 90 FO $ 2 3 B 7 4 5 6 8 9 0 W E R T Y U 0