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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Classifying costs
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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, 2016
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Materials used in production (including
|
$56,200 of indirect materials) . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
$Â Â 607,500 |
|
Direct labor (including $84,400 maintenance salaries). . . . . . . . |
562,500 |
|
Factory  overhead: |
 |
|
Supervisor salaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
517,500 |
|
Heat, light, and power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
140,650 |
|
Sales salaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
348,750 |
|
Promotional expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
315,000 |
|
Insurance and property taxes—plant . . . . . . . . . . . . . . . . . . . . . |
151,900 |
|
Insurance and property taxes—corporate offices . . . . . . . . . . |
219,400 |
|
Depreciation—plant and equipment . . . . . . . . . . . . . . . . . . . . . |
123,750 |
|
Depreciation—corporate offices . . . . . . . . . . . . . . . . . . . . . . . . . |
         90,000 |
|
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
$3,076,950 |
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