Question
The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Marching Ants Inc. Manufacturing Costs For the Quarter
The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc.
Marching Ants Inc. |
Manufacturing Costs |
For the Quarter Ended June 30, 2016 |
1 | Materials used in production (including $53,400 of indirect materials) | $607,000.00 |
2 | Direct labor (including $84,200 maintenance salaries) | 561,000.00 |
3 | Factory overhead: |
|
4 | Supervisor salaries | 519,000.00 |
5 | Heat, light, and power | 141,200.00 |
6 | Sales salaries | 347,000.00 |
7 | Promotional expenses | 313,000.00 |
8 | Insurance and property taxesplant | 151,000.00 |
9 | Insurance and property taxescorporate offices | 218,800.00 |
10 | Depreciationplant and equipment | 125,000.00 |
11 | Depreciationcorporate offices | 89,000.00 |
12 | Total | $3,072,000.00 |
Evaluate and correct this report. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.
Amount Descriptions
Amount Descriptions | |
Depreciation-corporate offices | |
Depreciation-plant and equipment | |
Direct labor | |
Direct materials used in production | |
Heat, light, and power | |
Indirect materials | |
Insurance and property taxes-corporate offices | |
Insurance and property taxes-plant | |
Maintenance salaries | |
Materials used in production (including indirect materials) | |
Promotional expenses | |
Sales salaries | |
Supervisor salaries | |
Total manufacturing costs |
Manufacturing Costs
Evaluate and correct this report. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.
Marching Ants Inc. |
Manufacturing Costs |
For the Quarter Ended June 30, 2016 |
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3 | Factory overhead: |
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