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 $71,900 of indirect materials) $776,800 Direct labor (including $107,900 maintenance salaries) 719,300 Factory overhead: Supervisor salaries 661,800 Heat, light, and power 179,800 Sales salaries 446,000 Promotional expenses 402,800 Insurance and property taxes-plant 194,200 Insurance and property taxes-corporate offices 280,500 Depreciation-plant and equipment 158,200 Depreciation-corporate offices 115,100 $3,934,500 Total Marching Ants Inc. Depreciation-corporate offices Total Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Cost of direct materials used in production Direct labor Factory overhead: Maintenance salaries Indirect materials Supervisor salaries Heat, light, and power Insurance and property taxes-plant Depreciation-plant and equipment Total manufacturing costs incurred 115,100 $3,934,500 F 000000 100