In the telecom industry, wired and wireless carriers confront a rapidly shifting technology landscape in which small steps toward digitization are no longer enough. the transformational impact of digitization (the mass adoption of connected digital technologies and applications by consumers, enterprises, and governments) continues to drive telecom firms’ most critical strategic and operational decision. telecom providers must completely redefine their relationships with their customers. the telecom industry is

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.