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vietlock Express reports llowing costs and expenses in Indirect materials used Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $6,940 12,040 5,400 980 12,960 2,320 Drivers' salaries Its delivery service Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs. $17,280 5,080 324 702 1,080 206

vietlock Express reports llowing costs and expenses in Indirect materials used Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $6,940 12,040 5,400 980 12,960 2,320 Drivers' salaries Its delivery service Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs. $17,280 5,080 324 702 1,080 206

FINANCIAL ACCOUNTING
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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Metlock 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 $ +A Period costs $ $6,940 LA 12,040 5,400 Determine the total amount of (a) delivery service (product) costs and (b) period costs. 980 12,960 2,320 Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $17,280 5,080 324 702 1,080 206
Transcribed Image Text:Metlock 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 $ +A Period costs $ $6,940 LA 12,040 5,400 Determine the total amount of (a) delivery service (product) costs and (b) period costs. 980 12,960 2,320 Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $17,280 5,080 324 702 1,080 206
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