The following is a manufacturing cost report of marching ants inc.
marching ants inc.
manufacturing costs
for the quarter ended june 30
1
materials used in production (including $55,800 of indirect materials)
$617,000.00
2
direct labor (including $84,400 maintenance salaries)
564,000.00
3
factory overhead:
4
supervisor salaries-plant
519,500.00
5
heat, light, and power-plant
141,400.00
6
sales salaries
346,500.00
7
promotional expenses
313,000.00
8
insurance and property taxes—plant
152,400.00
9
insurance and property taxes—corporate offices
218,000.00
10
depreciation—plant and equipment
123,500.00
11
depreciation—corporate offices
88,000.00
12
total
$3,083,300.00
amount descriptions
cost of direct materials used in production
depreciation-corporate offices
depreciation-plant and equipment
direct labor
heat, light, and power-plant
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 salariessupervisor salaries-plant
total 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
1
2
3
factory overhead:
4
5
6
7
8
9
10
total factory overhead
11