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Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Fixed Cost per Cost per Machine- Month Hour Direct materials $ 5.30 Direct
Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Fixed Cost per Cost per Machine- Month Hour Direct materials $ 5.30 Direct labor $ 42, 600 Supplies $ 0.20 Utilities $ 1,400 $ 0.25 Depreciation $ 15, 100 Insurance $ 11, 400 For example. utilities should be $1,400 per month plus $0.25 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. Required: Prepare the company's planning budget for June. Wyckam Manufacturing Incorporated Planning Budget for Manufacturing Costs For the Month Ended June 30 Direct materials Direct labor Supplies Utilities Depreciation Insurance Total manufacturing cost
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