Classifying costs
The following report was prepared for evaluating the performance of the plant manager of Nuuman Inc. Evaluate and correct this report.
|
Nuuman Inc. |
|
|
Materials used in production (including $70,000 of indirect materials) |
$760,000 |
|
Direct labor (including $80,000 maintenance salaries). |
700,000 |
|
Factory overhead: |
|
|
Supervisor salaries |
510,000 |
|
Heat, light, and power |
135,000 |
|
Sales salaries |
327,000 |
|
Promotional expenses |
304,000 |
|
Insurance and property taxes—plant |
143,000 |
|
Insurance and property taxes—corporate offices |
208,000 |
|
Depreciation—plant and equipment |
119,000 |
|
Depreciation—corporate offices |
92,000 |
|
Total |
$3,298,000 |