The following is a manufacturing cost report of Marching Ants Inc. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $34,800 of indirect materials) $375,300 Direct labor (including $52,100 maintenance salaries) 347,500 Factory overhead: Supervisor salaries-plant Heat, light, and power-plant 319,700 86,900 Sales salaries 215,500 194,600 93,800 Promotional expenses Insurance and property taxes-plant Insurance and property taxes-corporate offices Depreciation-plant and equipment Depreciation-corporate offices 135,500 76,500 55,600 Total $1,900,900 a. 1. Select the correct sentence for errors in the preceding report. 1. The maintenance salaries of $52,100 and indirect materials of $34,800 should be included as factory overhead. 2. The indirect materials of $34,800 should be included as factory overhead. 3. The maintenance salaries of $52,100 should be included as factory overhead. 4. Har of the maintenance salaries of $52,100 and indirect materials of $34,800 should be included as factory overhead. 17 a. 2. Select the correct sentence for errors in the preceding report. 1. Sales salaries, promotional expenses, corporate office Insurance and property taxes, and corporate office depreciation should not be included in factory overhead. 2. Promotional expenses, corporate office insurance and property taxes, and corporate office depreciation should not be included in factory overhead. 3. Sales salaries, promotional expenses, corporate office Insurance and property taxes should not be included in factory overhead. 4. Half of sales salaries, promotional expenses, corporate office insurance and property taxes, and corporate office depreciation should not be included in factory overhead b. Prepare a corrected report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Factory overhead: Total factory overhead Total