Chapter 9 Question 1

Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost Cost per per Month Machine-Hour Direct materials $ 5. 60 Direct labor $ 42 , 100 Supplies $ 0 . 40 Utilities $ 1, 400 $ 0. 20 Depreciation $ 14, 900 Insurance $ 11 , 600 For example, utilities should be $1,400 per month plus $0.20 per machine-hour. The company expects to work 4,500 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 Screenshot