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H3Ko H3Ko
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Posts: 4891
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7 years ago
The following information relates to Carried Away Hot Air Balloons, Inc.:

Advertising Costs   $10,400
Sales Salary   13,800
Sales Revenue   630,000
President's Salary   52,000
Office Rent   67,000
Manufacturing Equipment Depreciation   3,000
Indirect Materials Used   6,600
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?
A) $20,720
B) $62,970
C) $19,900
D) $23,720
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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