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Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Direct materials Direct labor Supplies Utilities Depreciation Insurance Fixed Cost Cost per per
Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Direct materials Direct labor Supplies Utilities Depreciation Insurance Fixed Cost Cost per per Month Machine-Hour $5.50 $ 42,300 $ 2,000 $ 15,300 $ 11,300 $ 0.40 $ 0.25 For example, utilities should be $2,000 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. Transcribed image text
Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Direct materials Direct labor Supplies Utilities Depreciation Insurance Fixed Cost Cost per per Month Machine-Hour $5.50 $ 42,300 $ 2,000 $ 15,300 $ 11,300 $ 0.40 $ 0.25 For example, utilities should be $2,000 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.
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