Chapter 3 Basic Cost Management Concepts 105 Advertising expenses $ 150,000 Depreciation expense-administrative office 75,000 Depreciation expense-plant and equipment 320,000 Depreciation expense-delivery trucks 45,000 Materials Inventory, beginning 16,000 Materials Inventory, ending 18,000 Direct materials purchases 410,000 Direct labor 512,000 Indirect labor 269,000 Finished Goods Inventory, beginning 55,000 Finished Goods Inventory, ending 43,000 Insurance on plant 32,000 Heat and light for plant 22,000 Repairs on plant building 36,000 Supervisor's salary-plant 98,000 Supplies-plant 132,000 Supplies-administrative office 78,000 Work-in-Process Inventory, beginning 31,000 Work-in-Process Inventory, ending 39,000 Sales representatives' salaries 325,000 Sales revenue 2,885,000 Required Prepare a statement of cost of goods manufactured and an income statement for Fair Wind Yachts for the year ended December 31, similar to those in Exhibit 3.15A. cturer of cable