Kwik Delivery Service reports the following costs and expenses in June 2012.
|
Indirect materials
|
$5,400
|
Drivers" salaries
|
$16,000
|
|
Depreciation on delivery equipment
|
11,200
|
Advertising
|
3,600
|
|
Dispatcher"s salary
|
5,000
|
Delivery equipment repairs
|
300
|
|
Property taxes on office building
|
870
|
Office supplies
|
650
|
|
CEO"s salary
|
12,000
|
Office utilities
|
990
|
|
Gas and oil for delivery trucks
|
2,200
|
Repairs on office equipment
|
180
|
Instructions
Determine the total amount of (a) delivery service (product) costs and (b) period costs.