Question
Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Direct materials Fixed Cost per Month Cost per Machine-Hour $5.50 Direct labor
Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Direct materials Fixed Cost per Month Cost per Machine-Hour $5.50 Direct labor Supplies Utilities Depreciation Insurance $ 42,400 $ 1,500 $ 0.20 $0.25 $ 15,200 $11,700 For example, utilities should be $1,500 per month plus $0.25 per machine-hour. The company expects to work 4,000 machine-hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June.
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