.a.)

b.)

Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour $5.30 $ 42,700 Direct materials Direct labor Supplies Utilities Depreciation Insurance $0.30 $ 0.25 $ 1,300 $14,600 $11,100 For example, utilities should be $1,300 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 Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (a) 7,800 $ 32,760 Revenue ($4.209) Expenses: Packing supplies ($0.359) Oyster bed maintenance ($3,000) Wages and salaries ($2,000 + $0.45) Shipping ($0.75g) Utilities ($1,230) Other ($480 + $0.019) Total expense Net operating income 2,730 3,000 5,510 5,850 1,230 558 18,878 $ 13, 882 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,800 $ 27,400 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,900 2,860 5,920 5,580 1,040 1,178 19,478 $ 7,922 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income