3. Use the information below for the year ended December 31, 2014, to prepare the statement of cost of goods manufactured. Ending $ 32,500 41,800 168,000 245,200 Beginning $32,600 Inventories Materials inventory Work in process inventory Direct materials purchased Total direct labor costs Total indirect labor costs Utilities 41,200 52,100 27,300 35,000 2,500 1,600 45,200 7,200 Depreciation Small tools Factory insurance Factory supervision Miscellaneous overhead costs