Question

The following report was prepared for evaluating the performance of the plant manager of Farrar Inc., Evaluate and correct this report.
Farrar Inc.
Manufacturing Costs
For the Quarter Ended June 30, 2014
Materials used in production (including
$62,500 of indirect materials) ............. $675,000 Direct labor (including $93,750 maintenance salaries) .... 625,000
Factory overhead:
Supervisor salaries ................... 575,000
Heat, light, and power ................ 156,250
Sales salaries ...................... 387,500
Promotional expenses ................. 350,000
Insurance and property taxes––plant............ 168,750
Insurance and property taxes–corporate offices....... 243,750
Depreciation–plant and equipment............ 137,500
Depreciation–corporate offices.............. 100,000
Total ....................... $3,418,750



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  • CreatedJune 27, 2014
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