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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 30 Materials used in
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 $590,700 $54,700 of indirect materials) Direct labor (including $82,000 maintenance salaries) Factory overhead: 546,900 Supervisor salaries-plant 503,100 136,700 339,100 306,300 Heat, light, and power-plant Sales salaries Promotional expenses Insurance and property taxes--plant Insurance and property taxes-corporate offices Depreciation-plant and equipment 147,700 213,300 120,300 Depreciation-corporate offices 87,500 Total $2,991,600 b. Prepare a corrected report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Cost of direct materials used in production $ Direct labor Factory overhead: Maintenance salaries $ Indirect materials Supervisor salaries-plant Heat, light, and power plant Insurance and property taxes-plant Depreciation-plant and equipment Total factory overhead TA Total Feedback Check My Work
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