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The following is a manufacturing cost report of Marching Ants Inc. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 3 0 Materials used

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
$49,000 of indirect materials)
$528,800
Direct labor (including $73,400 maintenance salaries)
489,600
Factory overhead:
\table[[Supervisor salaries-plant,450,400],[Heat, light, and power-plant,122,400],[Sales salaries,303,600],[Promotional expenses,274,200],[Insurance and property taxes-plant,132,200],[Insurance and property taxes-corporate offices,190,900],[Depreciation-plant and equipment,107,700],[Depreciation-corporate offices,78,300],[Total,$2,678,100 Prepare a corrected report

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