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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
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 $ 0.10 Utilities $ 1,800 $ 0.20 Depreciation $ 15,000 Insurance $ 11,000 For example, utilities should be $1,800 per month plus $0.20 per machine-hour. The company expects to work 4,200 machine-hours in June. Note that the companys direct labor is a fixed cost. Required: Prepare the companys planning budget for June.
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