Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used In production (Including $56,200 of Indirect materials)... Direct labor (including $84,400 maintenance salaries).... $ 607,500 562,500 Factory overhead: Supervisor salaries... Heat, light, and power.... 517,500 140,650 Sales salaries..... 348,750 Promotional expenses.. Insurance and property taxes-plant....... Insurance and property taxes-corporate offices... Depreciation-plant and equipment.. 315,000 151,900 219,400 123,750 Depreciation-corporate offices... Total,.. 90,000 $3,076,950 .... ...

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.