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Classifving 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 $56,200 of indirect materials) Direct labor (including $84,400 maintenance salaries) Factory overhead: $607,500 562,500 Supervisor salaries-plant 517,500 140,650 348,750 315,000 151,900 219,400 123,750 90,000 $3,076,950 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 Insurance and property taxes-corporate offices Depreciation-plant and equipment Depreciation-corporate offices 219,400 123,750 90,000 $3,076,950 Total Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Factory overhead: Total factory overhead Total manufacturing costs