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

1	Materials used in production (including $55,600 of indirect materials)	$602,000.00
2	Direct labor (including $84,000 maintenance salaries)	569,000.00
3	Factory overhead:
4	Supervisor salaries	515,000.00
5	Heat, light, and power	140,200.00
6	Sales salaries	347,300.00
7	Promotional expenses	312,000.00
8	Insurance and property taxesplant	151,400.00
9	Insurance and property taxescorporate offices	218,600.00
10	Depreciationplant and equipment	124,000.00
11	Depreciationcorporate offices	84,000.00
12	Total	$3,063,500.00

Evaluate and correct this report. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.

Labels
For the Month Ended June 30
For the Quarter Ended June 30
For the Year Ended June 30
Amount Descriptions
Cost of direct materials used in production
Depreciation-corporate offices
Depreciation-plant and equipment
Direct labor
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 incurred

Marching Ants Inc.

Manufacturing Costs

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3	Factory overhead:
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