ch 18 Classifying Costs The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Evaluate and correct this
ch 18
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 $57,200 of indirect materials) $618,200 Direct labor (including $85,900 maintenance salaries) 572,400 Factory overhead: Supervisor salaries 526,600 Heat, light, and power 143,100 Sales salaries 354,900 Promotional expenses 320,500 Insurance and property taxesplant 154,500 Insurance and property taxescorporate offices 223,200 Depreciationplant and equipment 125,900 Depreciationcorporate offices 91,600 Total $3,130,900 Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 $ Factory overhead: $ Total manufacturing costs incurred $
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