Response to the following problem:
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
Kwik Delivery Service reports the following costs and expenses in June 2014.
Determine the total amount of (a) delivery service (product) costs and (b) period costs.