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

$$71,500$ of indirect materials$)$

$$772,600$

Direct labor $($including $$107,300$ maintenance salaries$),715,400$

Factory overhead:

Supervisor salaries$-$plant

Heat, light, and power$-$plant

Sales salaries

Promotional expenses

Insurance and property taxes$-$plant

Insurance and property taxes$-$corporate offices

Depreciation$-$plant and equipment

Depreciation$-$corporate offices

Total

Marching Ants Inc.

Manufacturing Costs

For the Quarter Ended June $30$

Factory overhead:

Total factory overhead

Total manufacturing costs

$

$