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Wyckam Manufacturing Incorporated provided the following cost formulas for its manufacturing costs:
Fixed Cost per Month Cost per Machine-Hour
Direct materials $ 5.50
Direct labor $ 42,500
Supplies $ 0.20
Utilities $ 2,000 $ 0.25
Depreciation $ 14,800
Insurance $ 11,200
For example, utilities should be $2,000 per month plus $0.25 per machine-hour. The company expects to work 4,300 machine-hours in June. Note the companys direct labor is a fixed cost.
Required:
Prepare the companys planning budget for June.

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