Classifying Costs The following is a manufacturing cost report 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 $61,700 of indirect materials) $666,600 Direct labor (including $92,600 maintenance salaries) 617,200 Factory overhead: Supervisor salaries-plant 567,800 Heat, light, and power-lant 154,300 Sales salaries 382,700 Promotional expenses 345,600 Insurance and property taxes-plant 166,600 Insurance and property taxes-corporate offices 240,700 Depreciation-plant and equipment 135.000 Depreciation-corporate offices 98.800 $3,576,100 Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 O $ de 4 5 6 & 7 8 9 E R T Y U F G H