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Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: ...

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Accounting

Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs:
Fixed Cost per Month Cost per Machine-Hour
Direct materials $ 5.60
Direct labor $ 42,600
Supplies $ 0.30
Utilities $ 1,400 $ 0.25
Depreciation $ 15,300
Insurance $ 11,700
For example, utilities should be $1,400 per month plus $0.25 per machine-hour. The company expects to work 4,400 machine-hours in June. Note that the companys direct labor is a fixed cost.
Required:
Prepare the companys planning budget for June.

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