Kingbird Express reports the following costs and expenses in June 2022 for its delivery service. Indirect materials used Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks Delivery service (product) costs $ $6,550 Period costs 11,380 5,100 920 12,240 2,200 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $16,320 4,780 306 663 1,020 194

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.