Home / Questions / The following report was prepared for evaluating the performance of the plant manager of Marching An
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 taxes—plant |
151,400.00 |
|
9 |
Insurance and property taxes—corporate offices |
218,600.00 |
|
10 |
Depreciation—plant and equipment |
124,000.00 |
|
11 |
Depreciation—corporate 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 |
|
1 |
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|
2 |
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|
3 |
Factory overhead: |
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|
4 |
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|
5 |
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6 |
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7 |
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8 |
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9 |
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10 |
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