Current Attempt in Progress Tamarisk Express reports the following costs and expenses in June 2022 for its delivery service. Indirect materials used $7,590 Drivers' salaries $18,880 Depreciation on delivery equipment 13,140 Advertising 5,580 Dispatcher's salary 5,900 Delivery equipment repairs 354 Property taxes on office building 1,080 Office supplies 767 CEO's salary 14,160 Office utilities 1,180 Gas and oil for delivery trucks 2,520 Repairs on office equipment 226 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs $ Period costs Save for Later $ Attempts: 0 of 1 used Submit Answer

Current Attempt in Progress Tamarisk Express reports the following costs and expenses in June 2022 for its delivery service. Indirect materials used $7,590 Drivers' salaries $18,880 Depreciation on delivery equipment 13,140 Advertising 5,580 Dispatcher's salary 5,900 Delivery equipment repairs 354 Property taxes on office building 1,080 Office supplies 767 CEO's salary 14,160 Office utilities 1,180 Gas and oil for delivery trucks 2,520 Repairs on office equipment 226 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs $ Period costs Save for Later $ Attempts: 0 of 1 used Submit Answer

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 1CE: The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include:...

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Sandhill Delivery Service reports the following costs and expenses in June 2022. Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks Driver's salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment (a) $ Product costs $ 8,320 11,160 5,000 900 12,000 3,160 17,000 5,080 280 720 2,390 180 Determine the total amount of delivery service (product) costs.
Marin 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 Period costs eTextbook and Media $5,380 $ 9,400 4,200 740 10,080 1,840 Drivers' salaries Determine the total amount of (a) delivery service (product) costs and (b) period costs. Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $13,440 3,880 252 546 840 158
Jake's Roof Repair provided the following data concerning its costs: Fixed Cost Cost per per Month Repair-Hour Wages and salaries Parts and supplies Equipment depreciation $ 21,200 $ 15.00 $ 7.10 $ 2,770 $ 0.45 Truck operating expenses Rent $ 5,720 $ 1.60 $ 4,640 $ 3,880 $ 0.50 Administrative expenses For example, wages and salaries should be $21,200 plus $15.00 per repair-hour. The company expected to work 2,800 repair-hours in May but actually worked 2,700 repair-hours. The company expects its sales to be $54.00 per repair-hour. Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values. Revenue Expenses: Jake's Roof Repair Activity Variances For the Month Ended May 31 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expenses Net…
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Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost Cost per per Month Repair-Hour Wages and salaries Parts and supplies $ 21,400 $ 15.00 $ 7.20 Equipment depreciation $ 2,740 $ 0.55 Truck operating expenses Rent $ 5,720 $ 1.70 $ 4,660 $ 3,880 $ 0.70 Administrative expenses For example, wages and salaries should be $21,400 plus $15.00 per repair-hour. The company expected to work 2,700 repair-hours in May, but actually worked 2,600 repair-hours. The company expects its sales to be $47.00 per repair-hour. Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Revenue Expenses: Jake's Roof Repair Activity Variances For the Month Ended May 31 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net…
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Question #1: The Fiberglass Boat Company reported the following costs and expenses in May 2021: Factory utilities $ 12,865 Depreciation on factory 269,525 equipment 6,110 Depreciation on delivery trucks 9,600 Indirect factory labor 41,255 1,325 equipment Indirect materials Direct materials used Factory manager's salary 2,687 used Property taxes on factory 1,965 building Repairs to office Factory repairs 18,685 Advertising 21,670 Office supplies 12,680 Direct labor $232,985 Sales staff salaries 198,665 47,500 Instructions 1. Set up and complete a schedule as shown in the example below, listing each item above, including its dollar amount, under the proper classification heading. 2. Total each column to show the total of all costs and expenses under each one. Cost and Expense Description Product Cost Period Cost Factory Utilities Manufacturing Overhead $12,865
Jake's Roof Repair provided the following data concerning its costs: Fixed Cost Cost per per Month Repair-Hour Wages and salaries Parts and supplies Equipment depreciation $ 20,700 $ 15.00 $ 7.70 $ 2,770 $ 0.45 Truck operating expenses Rent $ 5,780 $ 1.80 $ 4,600 $ 3,870 $ 0.40 Administrative expenses For example, wages and salaries should be $20,700 plus $15.00 per repair-hour. The company expected to work 2,800 repair-hours in May but actually worked 2,700 repair-hours. The company expects its sales to be $51.00 per repair-hour. Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Answer is not complete. Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue U Expenses: Wages and salaries F ✓ Parts and supplies F Equipment depreciation F Truck operating expenses F Rent None…