Exercise 9-8 (Algo) Planning Budget [LO9-1] Wyckom Manufacturing Inc. has provided the following estimates concerning its manufacturing costs: Pixed Cost per Month Cost per Machine-Hour $5.50 $42.000 Direct materials Direct labor Supplies Utilities Depreciation Insurance $0.20 $0.10 $1,300 $ 15,300 $11,300 For example, utilities should be $1.300 per month plus $0.10 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. 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 $ 0