Cost per Machine- Month Hour Direct materials $ 5.30 Direct labor $ 42,300 Supplies $ 0.20 Utilities $ 1,300 $ 0.30 Depreciation $ 15,300 Insurance $ 11,800 For example, utilities should be $1,300 per month plus $0.30 per machine-hour. The company expects to work 4,000 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 Incorporated Planning Budget for Manufacturing Costs For the Month Ended June 30 Direct materials Direct labor Supplies Utilities Depreciation Insurance Total manufacturing cost $ 0