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The following is a manufacturing cost report of Marching Ants Inc.Marching Ants Inc.Manufacturing CostsFor the...

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Accounting

The following is a manufacturing cost report of Marching Ants Inc.Marching Ants Inc.Manufacturing CostsFor the Quarter Ended June 30Materials used in production (including$50,700 of indirect materials)$548,000Direct labor (including $76,100 maintenance salaries)507,400Factory overhead:Supervisor salaries-plant466,800Heat, light, and power-plant126,900Sales salaries314,600Promotional expenses284,100Insurance and property taxes-plant137,000Insurance and property taxes-corporate offices197,900Depreciation-plant and equipment111,600Depreciation-corporate offices81,200Total$2,775,500
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