Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Fixed Cost per Month Cost per Machine- Hour Direct materials $ 4.25 Direct labor $ 36,800 Supplies $ 0.30 Utilities $ 1,400 $ 0.05 $ 16,700 Insurance $ 12,700 Depreciation For example, utilities should be $1,400 per month plus $0.05 per machine-hour. The company expects to work 5,000 machine- hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June. Wyckam Manufacturing Incorporated Planning Budget for Manufacturing Costs For the Month Ended June 30 Actual machine-hours Direct materials Direct labor Supplies Utilities Depreciation Insurance Total manufacturing cost $ 0