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Kwik Delivery Service Reports the Following Costs and Expenses in June

Question 154

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Kwik 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 Propery 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\begin{array} { l r r r } \text { Indirect materials } & \$ 8,400 & \text { Driver's salaries } & \$ 17,000 \\\text { Depreciation on delivery } & & \text { Advertising }& 5,100 \\\text { equipment } & 11,200 & \text { Delivery equipment } \\\text { Dispatcher's salary } & 5,000 & \text { repairs } &300\\\text { Propery taxes on office } & & \text { Office supplies } &650\\\text { building } & 870 & \text { Office utilities } &2,490\\\text { CEO's salary } & 12,000 & \text { Repairs on office } & \\\text { Gas and oil for delivery trucks } & 3,200 & \text { equipment } &180\end{array} Instructions
Determine the total amount of (a) delivery service (product) costs and (b) period costs.

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