Statement of Cost of Goods Manufactured and Income Statement for a Manufacturing Compar The following information is available for Deutsch Corporation for 2014: Inventories January 1 December 31 $181,930 $227,410 Materials 309,280 Work in process 327,470 316,100 Finished goods 314,740 $154,410 Advertising expense 21,830 Depreciation expense-office equipment Depreciation expense-factory equipment 29,340 Direct labor 350,210 11,600 Heat, light, and power-factory Indirect labor 40,930 343,390 Materials purchased Office salaries expense 119,850 Property taxes-factory 9,550 19,780 Property taxes office building Rent expense-factory 16,150 Sales 1,607,790 Sales salaries expense 197,390 Supplies-factory 7,960 Miscellaneous costs factory 5,000