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 $34,300 of indirect materials) $370,200 Direct labor (including $51,400 maintenance salaries) 342,800 Factory overhead: Supervisor salaries-plant Heat, light, and power-plant Sales salaries Promotional expenses Insurance and property taxes-plant Insurance and property taxes-corporate offices Depreciation-plant and equipment Depreciation-corporate offices Total 315,400 85,700 212,500 192,000 92,600 133,700 75,400 54,800 $1,875,100 a. 1. Select the correct sentence for errors in the preceding report. 1. The maintenance salaries of $51,400 and indirect materials of $34,300 should be included as factory overhea 2. The indirect materials of $34,300 should be included as factory overhead. 3. The maintenance salaries of $51,400 should be included as factory overhead. 4. Half of the maintenance salaries of $51,400 and indirect materials of $34,300 should be included as factory overhead. 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 shoul 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.