Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost Cost...
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Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost Cost per per Month Machine-Hour $5.60 $ 42,600 Direct materials Direct labor Supplies Utilities Depreciation Insurance $ 0.30 $ 0.25 $ 1,100 $ 15,000 $11,200 For example, utilities should be $1,100 per month plus $0.25 per machine-hour. The company expects to work 4,400 machine-hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June. Wyckam Manufacturing Inc. Planning Budget for Manufacturing Costs For the Month Ended June 30 Direct materials Direct labor Supplies Utilities Depreciation Insurance Total manufacturing cost $
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