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Question - Kwik Delivery Service reports the following costs and expenses in June 2022.
Indirect materials $8,400
Depreciation on delivery equipment 11,200
Dispatcher's salary 5,000
Property taxes on office building 870
CEO's salary 12,000
Gas and oil for delivery trucks 3,200
Driver's salaries 17,000
Advertising 5,100
Delivery equipment repairs 300
Office supplies 650
Office utilities 2,490
Repairs on office equipment 180
Required -
1. Determine the total amount of delivery service (product) costs.
2. Determine the total amount of period costs.
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