- Classifying Costs The Following Report Was Prepared For Evaluating The Performance Of The Plant Manager Of Marching Ants 1 (90.24 KiB) Viewed 35 times
The following report was prepared for evaluating the performance
of the plant manager of Marching Ants Inc. Evaluate and correct
this report.
Classifying Costs The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Evaluate and correct this report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $54,600 of indirect materials) $589,400 545,700 Direct labor (including $81,900 maintenance salaries) Factory overhead: Supervisor salaries 502,000 Heat, light, and power 136,400 Sales salaries 338,300 Promotional expenses 305,600 Insurance and property taxes-plant 147,300 Insurance and property taxes-corporate offices 212,800 Depreciation-plant and equipment 120,100 Depreciation-corporate offices 87,300 Total $2,984,900 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 Heat, light, and power ✓ Insurance and property taxes-plant Depreciation-plant and equipment Total manufacturing costs incurred ✓ 00