Question: Classifying Costs The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Evaluate and correct this report. Marching

Classifying Costs

The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Evaluate and correct this report.

Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30
Materials used in production (including
$35,200 of indirect materials) $380,100
Direct labor (including $52,800 maintenance salaries) 351,900
Factory overhead:
Supervisor salaries 323,700
Heat, light, and power 88,000
Sales salaries 218,200
Promotional expenses 197,100
Insurance and property taxesplant 95,000
Insurance and property taxescorporate offices 137,200
Depreciationplant and equipment 77,400
Depreciationcorporate offices 56,300
Total $1,924,900

Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30

$

Factory overhead:

$
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Total manufacturing costs incurred

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