Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Fixed Cost Cost per per Month Machine-Hour $ 5.30 Direct materials Direct labor Supplies Utilities Depreciation Insurance $ 42,000 $ 1,500 $ 15,100 $ 0.40 $ 0.20 $ 11,300 For example, utilities should be $1,500 per month plus $0.20 per machine-hour. The company expects to work 4,200 machine-hours in June. Note that the company's direct labor is a fixed cost Required: Prepare the company's planning budget for June. Wyckam Manufacturing Incorporated Planning Budget for Manufacturing Cost For the Month Ended June 30 Direct materials Direct labor Supplies For example, utilities should be $1,500 per month plus $0.20 per machine-hour. The company expects to work 4,200 machine-hours in June. Note that the company's direct labor is a fixed cost Required: Prepare the company's planning budget for June Planning Budget for Manufacturing Cost For the Month Ended June 30 Direct materials Direct labor Supplies Utilities Depreciation Insurance Total manufacturing cost