Kwik Delivery Service reports the following costs and expenses in June 2014.
|
Indirect materials |
$ 5,400 |
|
Depreciation on delivery equipment |
11,200 |
|
Dispatcher”s salary |
5,000 |
|
Property taxes on office building |
870 |
|
CEO”s salary |
12,000 |
|
Gas and oil for delivery trucks |
2,200 |
|
Drivers’ salaries |
$16,000 |
|
Advertising |
3,600 |
|
Delivery equipment repairs |
300 |
|
Office supplies |
650 |
|
Office utilities |
990 |
|
Repairs on office equipment |
180 |
Instructions
Determine the total amount of (a) delivery service (product) costs and (b) period costs.