Homework Answers
Period costs includes:
Indirect material $8400
Depreciation on delivery equipment $11200
Property taxes on office building $870
CEO's salary $12000
Advertising $ 5100
Delivery equipment repairs $300
Office supplies $650
Office utilities $2490
Repair on office equipment $180
Total period expenses = Sum of above mentioned expenses = $41190
Reasons for excluding certain expenses from period costs
Costs included in inventory, such as direct labor, direct material and manufacturing overhead are not considered as period expenses. Therefore, following items are excluded:
Dispatcher's salary $5000
Gas and oil for delivery trucks $3200
Driver's salary $ 17000
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Q.1 (3 Marks): Dubai Delivery Service reports the following costs and expenses in June 2019. Indirect...
National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect...
National Express reports the following costs and expenses in
June 2020 for its delivery service.
Indirect materials
$6,400
Drivers’ salaries
$16,000
Depreciation on delivery equipment
11,200
Advertising
4,600
Dispatcher’s salary
5,000
Delivery equipment repairs
300
Property taxes on office building
870
Office supplies
650
CEO’s salary
12,000
Office utilities
990
Gas and oil for delivery trucks
2,200
Repairs on office equipment
180
Determine the total amount of (a) delivery service (product) costs
and (b) period costs.
Delivery service (product) costs...
Return to Blackbo Kimmel, Accounting: Tools for Business Dedslon Making, 5e Help System Announcements (1 Unread)...
Return to Blackbo Kimmel, Accounting: Tools for Business Dedslon Making, 5e Help System Announcements (1 Unread) Exercise 167 Kwik Delivery Service reports the following costs and expenses in June 2013 Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks Driver's salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $ 8,400 11,200 5,000 870 12,000 3,200 14,000 5,100 300 650 2.490 180 Determine the...
National Express reports the following costs and expenses in June 2020 for its delivery service. $16,100...
National Express reports the following costs and expenses in June 2020 for its delivery service. $16,100 5,300 Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $7,200 12,300 5,940 920 420 Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment 690 1,020 12,900 2,500 240 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs...
Current Attempt in Progress Blue Express reports the following costs and expenses in June 2017 for...
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Novak Express reports the following costs and expenses in June 2017 for its delivery service. Indirect...
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 Determine the total amount of (a) delivery service (product) costs and (b) period costs.
Swifty Express reports the following costs and expenses in June 2017 for its delivery service. Indirect...
Swifty Express reports the following costs and expenses in June
2017 for its delivery service.
Indirect materials
$6,700
Drivers’ salaries
$16,500
Depreciation on delivery equipment
11,300
Advertising
5,100
Dispatcher’s salary
5,800
Delivery equipment repairs
310
Property taxes on office building
890
Office supplies
700
CEO’s salary
12,100
Office utilities
1,070
Gas and oil for delivery trucks
3,200
Repairs on office equipment
190
Determine the total amount of (a) delivery service (product) costs
and (b) period costs.
(a) Delivery service (product)...
Exercise 14-7 National Express reports the following costs and expenses in June 2017 for its delivery...
Exercise 14-7 National Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $7,000 Drivers' salaries Depreciation on delivery equipment 11,400 Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $16,200 5,000 330 760 1,040 250 Advertising Delivery equipment repairs 5,200 900. Office supplies 12,700 Office utilities 2,400 Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs Delivery service...
Exercise 14-07 National Express reports the following costs and expenses in June 2020 for its delivery...
Exercise 14-07 National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials $7,100 Drivers' salaries $16,200 Depreciation on delivery equipment 12,300 Advertising 5,400 Dispatcher's salary 5,260 Delivery equipment repairs 390 Property taxes on office building 910 Office supplies CEO's salary 13,000 Office utilities 1,060 Gas and oil for delivery trucks 2,600 Repairs on office equipment 220 720 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service...
(A) Determine the total amount of manufacturing overhead: $_________ (B) Knight Company reports the following costs...
(A) Determine the total amount of manufacturing
overhead: $_________
(B)
Knight Company reports the following costs and expenses in May. $16,500 14,250 Direct labor Sales salaries $70,000 50,800 4,000 3,100 Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 52,700 85,700 142,700 8,600 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 2,000 2,220 16,800 3,060 National Express reports the following costs...
*Exercise 19-7 x Your answer is incorrect. Try again. National Express reports the following costs and...
*Exercise 19-7 x Your answer is incorrect. Try again. National Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $7,000 11,700 5,470 930 12,900 3,000 Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $16,400 5,400 320 690 1,010 280 Determine the total amount of (a) delivery service (product)...
National Express reports the following costs and expenses in
June 2020 for its delivery service.
Indirect materials
$6,400
Drivers’ salaries
$16,000
Depreciation on delivery equipment
11,200
Advertising
4,600
Dispatcher’s salary
5,000
Delivery equipment repairs
300
Property taxes on office building
870
Office supplies
650
CEO’s salary
12,000
Office utilities
990
Gas and oil for delivery trucks
2,200
Repairs on office equipment
180
Determine the total amount of (a) delivery service (product) costs
and (b) period costs.
Delivery service (product) costs...
Return to Blackbo Kimmel, Accounting: Tools for Business Dedslon Making, 5e Help System Announcements (1 Unread) Exercise 167 Kwik Delivery Service reports the following costs and expenses in June 2013 Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks Driver's salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $ 8,400 11,200 5,000 870 12,000 3,200 14,000 5,100 300 650 2.490 180 Determine the...
National Express reports the following costs and expenses in June 2020 for its delivery service. $16,100 5,300 Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $7,200 12,300 5,940 920 420 Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment 690 1,020 12,900 2,500 240 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs...
Current Attempt in Progress Blue Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $7,400 Drivers' salaries Depreciation on delivery equipment 12,000 Advertising Dispatcher's salary 6,030 Delivery equipment repairs Property taxes on office building 960 Office supplies CEO's salary 13,100 Office utilities Gas and oil for delivery trucks 2,600 Repairs on office equipment $17,000 4,900 390 750 1,020 200 Determine the total amount of (a) delivery service (product) costs and (b) period costs....
Swifty Express reports the following costs and expenses in June
2017 for its delivery service.
Indirect materials
$6,700
Drivers’ salaries
$16,500
Depreciation on delivery equipment
11,300
Advertising
5,100
Dispatcher’s salary
5,800
Delivery equipment repairs
310
Property taxes on office building
890
Office supplies
700
CEO’s salary
12,100
Office utilities
1,070
Gas and oil for delivery trucks
3,200
Repairs on office equipment
190
Determine the total amount of (a) delivery service (product) costs
and (b) period costs.
(a) Delivery service (product)...
Exercise 14-7 National Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $7,000 Drivers' salaries Depreciation on delivery equipment 11,400 Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $16,200 5,000 330 760 1,040 250 Advertising Delivery equipment repairs 5,200 900. Office supplies 12,700 Office utilities 2,400 Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs Delivery service...
Exercise 14-07 National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials $7,100 Drivers' salaries $16,200 Depreciation on delivery equipment 12,300 Advertising 5,400 Dispatcher's salary 5,260 Delivery equipment repairs 390 Property taxes on office building 910 Office supplies CEO's salary 13,000 Office utilities 1,060 Gas and oil for delivery trucks 2,600 Repairs on office equipment 220 720 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service...
(A) Determine the total amount of manufacturing
overhead: $_________
(B)
Knight Company reports the following costs and expenses in May. $16,500 14,250 Direct labor Sales salaries $70,000 50,800 4,000 3,100 Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 52,700 85,700 142,700 8,600 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 2,000 2,220 16,800 3,060 National Express reports the following costs...
*Exercise 19-7 x Your answer is incorrect. Try again. National Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $7,000 11,700 5,470 930 12,900 3,000 Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $16,400 5,400 320 690 1,010 280 Determine the total amount of (a) delivery service (product)...
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