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 $33,200 of indirect materials) $359,000 Direct labor (including $49,900 maintenance salaries) 332,400 Factory overhead: Supervisor salaries 305,800 Heat, light, and power 83,100 Sales salaries 206,100 Promotional expenses 186,100 Insurance and property taxesplant 89,700 Insurance and property taxescorporate offices 129,600 Depreciationplant and equipment 73,100 Depreciationcorporate offices 53,200 Total $1,818,100