Instructions The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 $600,000.00 569,000.00 521,000.00 5 1 Materials used in production (including $55,000 of indirect materials) 2 Direct labor (including $84,000 maintenance salaries) 3 Factory overhead: 4 Supervisor salaries Heat, light, and power Sales salaries Promotional expenses Insurance and property taxes-plant Insurance and property taxes-corporate offices 10 Depreciation-plant and equipment 11 Depreciation-corporate offices 140,400.00 346,900.00 6 7 310,000.00 8 151,900.00 218,200.00 124,250.00 87,000.00 12 Total $3,068,650.00 Labels and Amount Descriptions Labels For the Month Ended June 30 For the Quarter Ended June 30 For the Year Ended June 30 Amount Descriptions Cost of direct materials used in production Depreciation-corporate offices Depreciation-plant and equipment Direct labor Heat, light, and power Indirect materials Insurance and property taxes-corporate offices Insurance and property taxes-plant Maintenance salaries Materials used in production (including indirect materials) Promotional expenses Sales salaries Supervisor salaries Total manufacturing costs incurred Evaluate and correct this report. Refer to the Labels and Amount Descriptions list provided for the exact wordi Marching Ants Inc. Manufacturing Costs (Label) 1 2 3 Factory overhead: 4 5 6 7 8 9 10