Question:
Here is a couple of homework questions I need help with, this is for my Managerial Accounting class: Please answer the following:
Rapid Delivery Service reports the following costs and expenses in June 2011.
Indirect Materials: $5,400.00 Drivers Salaries: $11,000.00
Depreciation on Delivery Equipment: $11,200.00 Advertising: $1,600.00
Dispatcher's Salary: $5,000.00 Delivery Equipment repairs: $300.00
Property Taxes on office building: $870.00 Office Supplies: $650.00
CEO's Salary: $12,000.00 Office Utilities: $990.00
Gas and oil for delivery trucks: $2,200 Repairs on office equipment: $180.00
Instructions: Determine the total amount of (a) delivery service (product) costs and (b) period costs.