Marching Ants Inc.

Manufacturing Costs

For the Quarter Ended June 30

Materials used in production (including $56,200 of indirect materials)	$607,500
Direct labor (including $84,400 maintenance salaries)	$ 62,500
Factory overhead:
Supervisor salaries - plant	$ 17,500
Heat, light, and power - plant	$140,650
Sales salaries	$348,750
Promotional expenses	$315,000
Insurance and property taxes - plant	$151,000
Insurance and property taxes - corporate offices	$219,400
Depreciation - plant and equipment	$123,750
Depreciation - Corporate offices	$ 90,000
Total:	$3,076,950

(a) List the errors on the proceeding report

(b) Prepare a corrected report