FM Delivery Service reports the following costs and expenses in June 2022Indirect materialsDepreciation on delivery equipmentDispatcher's salaryProperty taxes on office buildingCEO's salaryGas and oil for delivery trucksDriver's salariesAdvertisingDelivery equipment repairsOffice suppliesOffice utilitiesRepairs on office equipmentidentify which are the period costs

FM Delivery Service reports the following costs and expenses in June 2022Indirect materials: $8400Depreciation on delivery equipment: $11200Dispatcher's salary: $5000Property taxes on office building: $870CEO's salary: $12000Gas and oil for delivery trucks: $3200Driver's salaries: $17000Advertising: $5100Delivery equipment repairs: $300Office supplies: $650Office utilities: $2490Repairs on office equipment: $180Determine the total amount of delivery service(product) costs.Determine the total amount of period costs.

Which of the following expenditures should be recorded as an operating expense at the time this equipment is purchased?Group of answer choicesPainting and letteringSales taxCash price of the equipmentMotor vehicle license

Delivery truck rentals are a part of which Costing type?1 puntoDirect CostIndirect CostStaff CostMaterial CostI-clear ang pinili

2.Question 2Which of the following are transactions not included in the Operating Expenses component of the Income Statement?1 pointMaintenance and Repair costsTransportation costsIncome TaxesRental costs of equipment and property

During its first month of operations, a manufacturer incurs the following costs in dollars related to activities within its factory:Direct materials costs $5,000Indirect materials $2,000Direct labor $15,000Indirect labor $3,000Factory rent $10,000Depreciation on factory equipment $8,000What are the manufacturer’s total product costs for the month?