Business, 05.05.2020 16:52, lizzyboo32

Novak Express reports the following costs and expenses in June 2017 for its delivery service.

Indirect materials $7,000
Drivers’ salaries $16,900
Depreciation on delivery equipment 12,000
Advertising 5,100
Dispatcher’s salary 5,400
Delivery equipment repairs 450
Property taxes on office building 930
Office supplies 660
CEO’s salary 12,500
Office utilities 1,050
Gas and oil for delivery trucks 2,900
Repairs on office equipment 270

Required:
Determine the total amount of (a) delivery service (product) costs and (b) period costs.

Answers: 3

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Novak Express reports the following costs and expenses in June 2017 for its delivery service.
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