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 $50,500 of indirect materials) Direct labor (including $75,700 maintenance salaries) Factory overhead: $544,900 504,500 464,100 126,100 312,800 282,500 136,200 196,800 111,000 80,700 $2,759,600 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 Check My Work