5. The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc.

Marching Ants Inc.

Manufacturing Costs

For the Quarter Ended June 30

1	Materials used in production (including $52,400 of indirect materials)	$611,000.00
2	Direct labor (including $84,400 maintenance salaries)	567,500.00
3	Factory overhead:
4	Supervisor salaries	515,500.00
5	Heat, light, and power	141,400.00
6	Sales salaries	347,400.00
7	Promotional expenses	314,000.00
8	Insurance and property taxesplant	151,600.00
9	Insurance and property taxescorporate offices	218,800.00
10	Depreciationplant and equipment	123,750.00
11	Depreciationcorporate offices	90,000.00
12	Total	$3,080,950.00

Evaluate and correct this report. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.

LabelsFor the Month Ended June 30For the Quarter Ended June 30 For the Year Ended June 30Amount DescriptionsCost of direct materials used in productionDepreciation-corporate officesDepreciation-plant and equipmentDirect laborHeat, light, and powerIndirect materialsInsurance and property taxes-corporate officesInsurance and property taxes-plantMaintenance salariesMaterials used in production (including indirect materials)Promotional expensesSales salariesSupervisor salariesTotal manufacturing costs incurred