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

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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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