Solve the following problems & show work Problem #1 Cost of Goods Manufactured, Manufacturing Statement (8 points) Prepare the 2015 manufacturing statement for Briton Company using the following information: Direct Raw materials used 2015 $ 190,500 Direct labor 63,150 Factory utilities 8,400 Factory supplies 5,200 Sales commissions 35,000 Factory depreciation expense 2,400 Indirect labor 8,000 Advertising expense 9,500 Work in process (Beginning Bal) Dec 31, 2014 157,600 Work in process (End Bal) Dec 31, 2015 142,750 Finished goods inventory (Beg Bal) Dec 31, 2014 265,000 Finished goods inventory (End Bal) Dec 31, 2015 194,500.