1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yanalaym [24]
3 years ago
6

Kwik Delivery Service reports the following costs and expenses in June 2013. Indirect materials $ 8,400 Driver's salaries $14,00

0 Depreciation on delivery Advertising 5,100 equipment 11,200 Delivery equipment Dispatcher's salary 5,000 repairs 300 Property taxes on office Office supplies 650 building 870 Office utilities 1,490 CEO's salary 12,000 Repairs on office Gas and oil for delivery trucks 3,200 equipment 180 Instructions Determine the total amount of (a) delivery service (product) costs and (b) period costs.
Business
1 answer:
jeyben [28]3 years ago
3 0

Answer:

service cost:   41,800

period cost:   20,590

Explanation:

<em><u>delivery service cost: </u></em>those who are related to the deliveries

Indirect materials                                 8,400

Depreciation on delivery  equipment 11,200

Dispatcher's salary                               5,000

Gas and oil for delivery trucks            3,200

Driver's salaries                               <u>   14,000   </u>

Total:                                                    41,800

<em><u /></em>

<em><u>period cost:  </u></em>those who can be linker directly or indirectly throught allocation of overhead into the delviery cost.

Repairs on office equipment         180

Office utilities                               1,490

Office supplies                               650

Property taxes on office  building 870  

Advertising                                   5,100

CEO's salary                               12,000

*Repairs delivery equipment    <u>      300     </u>

Total:                                         20,590

While the repair are made on delivery equipment they cannot be linked to an specific delivery or allocated as they do not incease the capacity, this isn't maintenance this is repairs those, expense for the period.

You might be interested in
Alphabet Company, which uses the periodic inventory method, purchases different letters for resale. Alphabet had no beginning in
Slav-nsk [51]

Answer: $51

Explanation:

A, B, C, D, E, F, G were purchased for $2.50 per letter which means they cost;

= 7 * 2.50

= $17.50

H to L were purchased at $4.50 per letter which means they cost;

= 5 * 4.5

= $22.50

M to R were purchased at $5.50;

= 6 * 5.5

= $33

Total inventory cost = 17.50 + 22.50 + 33 = $73

Inventory sold = 2.5 + 2.5 + 2.5 + 4.5 + 4.5 + 5.5

= $22

Ending Inventory = Total inventory - inventory sold

= 73 - 22

= $51

8 0
3 years ago
Investors select a stock based on the cash they expect to receive from that stock. that cash comes in the form of?
mylen [45]

Investors select a stock based on the cash they expect to receive from that stock. that cash comes in the form of a and b.

Investors are usually different from traders. Investors invest capital for long-term gains, while traders buy and sell securities repeatedly in pursuit of short-term gains. Investors typically generate income by investing capital in either stocks or debt.

So how does an investor choose which stocks to buy?He has two main investment styles: active and passive. Active investors try to outperform the market by buying stocks that they believe are undervalued, with the intention of selling when the stock price rises.

Stock pick. An active portfolio management approach that focuses on a favorable selection of specific stocks rather than broad asset allocation.

Learn more about stock here: brainly.com/question/25818989

#SPJ4

The question is incomplete. Please read below to find the missing content.

Investors select a stock based on the case they expect to receive from that stock. That cash comes in the form of ____.

a. Dividends

b. The future sales price.

c. Interest payments.

d. Commissions.

7 0
2 years ago
For a differentiation strategy to strengthen a company's strategic position and boost its competitive advantage, ______.
Tanya [424]

For a differentiation strategy to maintain a company's strategic situation and increase its competitive advantage an increase in value creation much surpass the increase in costs.

<h3>How does a differentiation strategy benefit in gaining a competitive advantage?</h3>

Differentiation gives a party two advantages:

-It can allow the firm to charge a premium price for its good or service, should it choose to do so.

-It can help the firm to grow overall need and capture market share from its rival.

A generic strategy attempts to convince clients to pay a premium price for its good or services by supplying unique and desirable features. Using a differentiation strategy suggests that a firm is contesting based on uniqueness, rather than price.

To learn more about differentiation strategy visit the link

brainly.com/question/16448107

#SPJ4

4 0
2 years ago
The National Honor Society is an example of a CTSO.<br>True or False?
Viktor [21]

Answer:

The answer to your question is False.

7 0
3 years ago
Read 2 more answers
By prohibiting accounting firms from providing both auditing and consulting services to the same corporate clients without permi
murzikaleks [220]

Answer:

A. Conflict of interest

Explanation:

Conflict of interest for an organization or company is a situation whereby the organization has competing interest or loyalties become of their duties to provide more than one service for an individual or organization. This is why the act prohibited accounting firms from doing both consulting services and auditing services for the same clients as there'd be a lot of conflict of interest in doing both.

The company may not be able to make a fair decision if they would be affected by it.

4 0
3 years ago
Other questions:
  • What basic financial statements can be found in a corporate annual report? Balance sheet, income statement, statement of shareho
    8·2 answers
  • For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indic
    9·1 answer
  • ZZZ Corporation is issuing Common Stocks that are expected to pay $14 dividend per year and this company is expected to grow at
    12·1 answer
  • Which cost of purchasing a franchise would kot be incured if you strat your own business​
    5·1 answer
  • Expansionary fiscal policies are designed to
    8·1 answer
  • The firm's findings are best described as the
    8·1 answer
  • Price of Quantity Quantity
    6·2 answers
  • As the price level falls a. people will want to hold more money, so the interest rate rises. b. people will want to hold more mo
    9·1 answer
  • If a local-level fair housing group wins a fair housing lawsuit against a landlord, who gets the money from the resulting judgme
    8·1 answer
  • Boston Company purchased land and a building in a downtown district where land values are rapidly increasing.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!