FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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1.

Suit Delivery Service reports the following costs and expenses in June 2016.

Indirect materials

$  8,400

Driver's salaries

$17,000

Depreciation on delivery

 

Advertising

5,100

equipment

11,200

Delivery equipment

 

Dispatcher's salary

5,000

repairs

300

Property taxes on office

 

Office supplies

650

building

870

Office utilities

2,490

CEO's salary

12,000

Repairs on office

 

Gas and oil for delivery trucks

3,200

equipment

180

Instructions

Determine the total amount of (a) product costs plus delivery cost and (b) period costs.

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