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Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour $ 5.40 $ 42,500 Direct materials Direct labor Supplies utilities Depreciation Insurance $ 0.49 $ 0.25 $ 2,000 $ 15,200 $ 11,800 For example, utilities should be $2,000 per month plus $0.25 per machine-hour. The company expects to work 4.200 machine-hour 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 Costs Direct materials Direct labor Utilities Depreciation Insurance Total manufacturing cost