Question
Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 1 Materials used in production (including $55,600 of indirect materials) $617,000.00 2 Direct labor
Marching Ants Inc. |
Manufacturing Costs |
For the Quarter Ended June 30 |
1 | Materials used in production (including $55,600 of indirect materials) | $617,000.00 |
2 | Direct labor (including $83,800 maintenance salaries) | 567,500.00 |
3 | Factory overhead: |
|
4 | Supervisor salaries-plant | 521,500.00 |
5 | Heat, light, and power-plant | 140,800.00 |
6 | Sales salaries | 348,000.00 |
7 | Promotional expenses | 315,000.00 |
8 | Insurance and property taxesplant | 151,800.00 |
9 | Insurance and property taxescorporate offices | 219,200.00 |
10 | Depreciationplant and equipment | 123,000.00 |
11 | Depreciationcorporate offices | 85,000.00 |
12 | Total | $3,088,800.00 |
Evaluate and correct this report. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.
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