Rapid Delivery Service reports the following costs and expenses in June 2010.
|
Indirect materials |
$ 5,400 |
Drivers’ salaries |
$11,000 |
|
|
Depreciation on delivery |
Advertising |
1,600 |
||
|
equipment |
11,200 |
Delivery equipment |
||
|
Dispatcher’s salary |
5,000 |
repairs |
300 |
|
|
Property taxes on office |
Office supplies |
650 |
||
|
building |
870 |
Office utilities |
990 |
|
|
CEO’s salary |
12,000 |
Repairs on office |
||
|
Gas and oil for delivery trucks |
2,200 |
equipment |
180 |
|
Instructions
Determine the total amount of (a) delivery service (product) costs and (b) period costs.