Classifying Costs

The following report was prepared for evaluating the performance of the plant manager of Second Hand Inc. Evaluate and correct this report. Second Hand Inc. Manufacturing Costs For the Quarter Ended June 30, 2014

Classifying Costs The following report was prepared for evaluating the performance of the plant manager of Second Hand Inc. Evaluate and correct this report. Second Hand Inc. Manufacturing Costs For the Quarter Ended June 30, 2014 Materials used in production (including $46,100 of indirect materials) Direct labor (including $69,100 maintenance salaries) Factory overhead $497,300 460,500 Supervisor salaries Heat, light, and power Sales salaries Promotional expenses Insurance and property taxes-plant Insurance and property taxes-corporate offices Depreciation-plant and equipment Depreciation-corporate offices 423,700 115,100 285,500 257,900 124,300 179,600 101,300 73,700 $2,518,900 Total