Sh4Please help meSolution Metlock Express reports the following costs and expenses in June 2022 for its delivery service.Indirect materials usedDepreciation on delivery equipmentDispatcher's salaryProperty taxes on office buildingCEO's salaryGas and oil for delivery trucksDelivery service (product) costs $+APeriod costs$$6,940LA12,0405,400Determine the total amount of (a) delivery service (product) costs and (b) period costs.98012,9602,320Drivers' salariesAdvertisingDelivery equipment repairsOffice suppliesOffice utilitiesRepairs on office equipment$17,2805,0803247021,080206

Period costs are not added to the cost of the product. Period cost includes selling expenses and…

vietlock Express reports llowing costs and expenses in Indirect materials used Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $6,940 12,040 5,400 980 12,960 2,320 Drivers' salaries Its delivery service Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs. $17,280 5,080 324 702 1,080 206

vietlock Express reports llowing costs and expenses in Indirect materials used Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $6,940 12,040 5,400 980 12,960 2,320 Drivers' salaries Its delivery service Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs. $17,280 5,080 324 702 1,080 206

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 30E: A company uses charging rates to allocate service department costs to the using departments. The...

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