Exercise 14-07National Express reports the following costs and expenses in June 2020 for its delivery service.Indirect materialsDepreciation on delivery equipmentDispatcher's salary$7,100 Drivers' salaries12,3005,26091013,0002,600Period costsAdvertisingDelivery equipment repairsOffice suppliesOffice utilitiesRepairs on office equipment$16,2005,4003907201,060220Property taxes on office buildingCEO's salaryGas and oil for delivery trucksDetermine the total amount of (a) delivery service (product) costs and (b) period costs.Delivery service (product) costs

Delivery Service (product) Costs:Which means the expenses directly involved in the production of…

Exercise 14-07 National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials Depreciation on delivery equipment 12,300 Dispatcher's salary 5,260 910 $7,100 Drivers' salaries Period costs $16,200 5,400 390 720 1,060 220 Advertising Delivery equipment repairs Property taxes on office building Office supplies CEO's salary 13,000 Office utilities Gas and oil for delivery trucks 2,600 Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs $

Exercise 14-07 National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials Depreciation on delivery equipment 12,300 Dispatcher's salary 5,260 910 $7,100 Drivers' salaries Period costs $16,200 5,400 390 720 1,060 220 Advertising Delivery equipment repairs Property taxes on office building Office supplies CEO's salary 13,000 Office utilities Gas and oil for delivery trucks 2,600 Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs $

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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