Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Fixed Cost per Month Cost
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Question:
Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs:
Fixed Cost per Month | Cost per Machine-Hour | |
---|---|---|
Direct materials | $ 5.50 | |
Direct labor | $ 42,700 | |
Supplies | $ 0.30 | |
Utilities | $ 1,200 | $ 0.10 |
Depreciation | $ 14,800 | |
Insurance | $ 11,500 |
For example, utilities should be $1,200 per month plus $0.10 per machine-hour. The company expects to work 4,100 machine-hours in June. Note that the companys direct labor is a fixed cost.
Required:
Prepare the companys planning budget for June.
Posted Date: