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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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
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