Exercise 9-8 (Algo) Planning Budget [LO9-1] Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Direct materials Direct labor Supplies Utilities Depreciation Insurance Fixed Cost Cost per per Month Machine-Hour $ 5.70 $ 42,500 $ 0.20 $ 1,500 $ 0.15 $ 15,300 $ 11,100 For example, utilities should be $1,500 per month plus $0.15 per machine-hour. The company expects to work 4,100 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