Chapter 15 Introduction to Managerial Accounting EX 15-9 Classifying costs The following is a manufacturing cost report of Marching Ants Inc. Evaluate and correct this re Obj, 2,4 report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $ 607,500 562,500 Factory overhead: 517,500 140,650 348,750 315,000 151,900 219,400 123,750 90,000 Insurance and property taxes-corporate offices.. Depreciation-corporate offices . .. Total . . . EXERCISE 15-9 1. 2. Manufacturing Costs