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The following information relates to Hot Air Balloons, Inc.: Indirect Materials Used $10,000 Sales Revenue 630,000 Office Rent 67,000 Administrative Salaries 13,000 Advertising Cost
The following information relates to Hot Air Balloons, Inc.: Indirect Materials Used $10,000 Sales Revenue 630,000 Office Rent 67,000 Administrative Salaries 13,000 Advertising Cost Indirect Labor 7,000 13,000 Direct Materials Used 31,000 Direct Labor Delivery Vehicle Depreciation 32,000 1,000 Manufacturing Equipment Depreciation 15,000 How much was Hot Air Balloon's manufacturing overhead?
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
