The following information relates to Carried Away Hot Air Balloons, Inc.: Costs Amount Advertising Costs $10,400 Sales Salary 13,800 Sales Revenue 630,000 President's Salary 52,000 Office Rent 67,000 Manufacturing Equipment Depreciation 3000 Indirect Materials Used 6600 Indirect Labor 13,300 Factory Repair and Maintenance 820 Direct Materials Used 31,070 Direct Labor 31,900 Delivery Vehicle Depreciation 810 Administrative Salaries 24,700 How much was Carried Away's manufacturing overhead? Group of answer choices $19,900 $62,970 $23,720 $20,720
The following information relates to Carried Away Hot Air Balloons, Inc.: Costs Amount Advertising Costs $10,400 Sales Salary 13,800 Sales Revenue 630,000 President's Salary 52,000 Office Rent 67,000 Manufacturing Equipment Depreciation 3000 Indirect Materials Used 6600 Indirect Labor 13,300 Factory Repair and Maintenance 820 Direct Materials Used 31,070 Direct Labor 31,900 Delivery Vehicle Depreciation 810 Administrative Salaries 24,700 How much was Carried Away's manufacturing overhead? Group of answer choices $19,900 $62,970 $23,720 $20,720
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The following information relates to Carried Away Hot Air Balloons, Inc.:
| Costs | Amount |
|---|---|
| Advertising Costs | $10,400 |
| Sales Salary | 13,800 |
| Sales Revenue | 630,000 |
| President's Salary | 52,000 |
| Office Rent | 67,000 |
| Manufacturing Equipment |
3000 |
| Indirect Materials Used | 6600 |
| Indirect Labor | 13,300 |
| Factory Repair and Maintenance | 820 |
| Direct Materials Used | 31,070 |
| Direct Labor | 31,900 |
| Delivery Vehicle Depreciation | 810 |
| Administrative Salaries | 24,700 |
How much was Carried Away's manufacturing
Group of answer choices
$19,900
$62,970
$23,720
$20,720
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