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Wyckam Manufacturing Inc. has provided the following estimates concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour Direct materials $ 5.40 Direct labor

Wyckam Manufacturing Inc. has provided the following estimates concerning its manufacturing costs:

Fixed Cost per Month Cost per Machine-Hour
Direct materials $ 5.40
Direct labor $ 42,000
Supplies $ 0.30
Utilities $ 1,700 $ 0.20
Depreciation $ 14,900
Insurance $ 11,500

For example, utilities should be $1,700 per month plus $0.20 per machine-hour. The company expects to work 4,200 machine-hours in June. Note that the companys direct labor is a fixed cost.

Required:

Prepare the companys planning budget for June.

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