Wyckam Manufacturing Incorporated provided the following cost formulas for its manufacturing costs:

	Fixed Cost per Month	Cost per Machine-Hour
Direct materials		$ 5.50
Direct labor	$ 42,300
Supplies		$ 0.40
Utilities	$ 1,800	$ 0.10
Depreciation	$ 14,800
Insurance	$ 11,500

For example, utilities should be $1,800 per month plus $0.10 per machine-hour. The company expects to work 4,300 machine-hours in June. Note the companys direct labor is a fixed cost.

Required:

Prepare the companys planning budget for June.

Wyckam Manufacturing Incorporated Planning Budget for Manufacturing Costs For the Month Ended June 30 \begin{tabular}{|l|l|} \hline & \\ \hline Direct materials & \\ \hline Direct labor & \\ \hline Supplies & \\ \hline Utilities & \\ \hline Depreciation & $ \\ \hline Insurance & 0 \\ \hline Total manufacturing cost & $ \\ \hline \end{tabular} Wyckam Manufacturing Incorporated Planning Budget for Manufacturing Costs For the Month Ended June 30 \begin{tabular}{|l|l|} \hline & \\ \hline Direct materials & \\ \hline Direct labor & \\ \hline Supplies & \\ \hline Utilities & \\ \hline Depreciation & $ \\ \hline Insurance & 0 \\ \hline Total manufacturing cost & $ \\ \hline \end{tabular}