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Instructions Labels and Amount Descriptions Manufacturing Costs Instructions 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: Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 Insurance and property taxes-plant 151,400.00 6. Insurance and property taxes-corporate offices 218,600.00 10 Depreciation-plant and equipment LA... 124,000.00 Depreciation-corporate offices 11 84,000.00 ET Check My Work 5 more Check My Work uses remaining. All work saved. Email Instruct MacBook Pro 80 F2 F3 DII F4 F5 F6 F7 F8 F9 #3 3 4. 6' 00 %24 10 4. 5. Instructions 2 Direct labor (including $84,000 maintenance salaries) 569,000.00 3 Factory overhead: 4 Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 8. Insurance and property taxes-plant 151,400.00 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. ck My Work 5 more Check My Work uses remaining. Previous Nex All work saved. Email Instructor Save and Exit Submit Assignment for G 6

Instructions Labels and Amount Descriptions Manufacturing Costs Instructions 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: Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 Insurance and property taxes-plant 151,400.00 6. Insurance and property taxes-corporate offices 218,600.00 10 Depreciation-plant and equipment LA... 124,000.00 Depreciation-corporate offices 11 84,000.00 ET Check My Work 5 more Check My Work uses remaining. All work saved. Email Instruct MacBook Pro 80 F2 F3 DII F4 F5 F6 F7 F8 F9 #3 3 4. 6' 00 %24 10 4. 5. Instructions 2 Direct labor (including $84,000 maintenance salaries) 569,000.00 3 Factory overhead: 4 Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 8. Insurance and property taxes-plant 151,400.00 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. ck My Work 5 more Check My Work uses remaining. Previous Nex All work saved. Email Instructor Save and Exit Submit Assignment for G 6

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Instructions Labels and Amount Descriptions Manufacturing Costs Instructions 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: Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 Insurance and property taxes-plant 151,400.00 6. Insurance and property taxes-corporate offices 218,600.00 10 Depreciation-plant and equipment LA... 124,000.00 Depreciation-corporate offices 11 84,000.00 ET Check My Work 5 more Check My Work uses remaining. All work saved. Email Instruct MacBook Pro 80 F2 F3 DII F4 F5 F6 F7 F8 F9 #3 3 4. 6' 00 %24 10 4. 5.
Transcribed Image Text:Instructions Labels and Amount Descriptions Manufacturing Costs Instructions 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: Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 Insurance and property taxes-plant 151,400.00 6. Insurance and property taxes-corporate offices 218,600.00 10 Depreciation-plant and equipment LA... 124,000.00 Depreciation-corporate offices 11 84,000.00 ET Check My Work 5 more Check My Work uses remaining. All work saved. Email Instruct MacBook Pro 80 F2 F3 DII F4 F5 F6 F7 F8 F9 #3 3 4. 6' 00 %24 10 4. 5.
Instructions 2 Direct labor (including $84,000 maintenance salaries) 569,000.00 3 Factory overhead: 4 Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 8. Insurance and property taxes-plant 151,400.00 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. ck My Work 5 more Check My Work uses remaining. Previous Nex All work saved. Email Instructor Save and Exit Submit Assignment for G 6
Transcribed Image Text:Instructions 2 Direct labor (including $84,000 maintenance salaries) 569,000.00 3 Factory overhead: 4 Supervisor salaries 515,000.00 Heat, light, and power 140,200.00 Sales salaries 347,300.00 7. Promotional expenses 312,000.00 8. Insurance and property taxes-plant 151,400.00 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. ck My Work 5 more Check My Work uses remaining. Previous Nex All work saved. Email Instructor Save and Exit Submit Assignment for G 6
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