QUESTION 3 (12 MARKS) The following data are taken from the accounting records of a manufacturing company: Cost incurred: Purchases of raw materials Factory rental Wages of production workers Factory supplies Depreciation, office equipment Indirect labour Depreciation, machinery Advertising expense Selling and distribution Inventories: Raw materials Work in process Finished goods Beginning of the year $7,400 $13,200 $26,700 $102,510 78,600 64,300 11,000 10,750 9,200 14,400 37,800 21,070 End of the year $15,300 $8,900 $33,400 Required: A Statement of cost of goods manufactured for the year, showing clearly the details of the costs.