Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: For example, utilities should be

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Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs:

Fixed Cost Cost per per Month Machine-Hour Direct materials $4.25 .... $36,800 Direct labor Supplies ... S0.30 Utilities

For example, utilities should be $1,400 per month plus $0.05 per machine-hour. The company expects to work 5,000 machine-hours in June. Note that the company’s direct labor is a fixed cost.

Required:

Prepare the company’s planning budget for manufacturing costs for June.

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Managerial Accounting

ISBN: 978-0697789938

13th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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Question Posted: Jun 29, 2011 03:17 AM

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Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: For example, utilities should be

Question:

Fixed Cost Cost per per Month Machine-Hour Direct materials $4.25 .... $36,800 Direct labor Supplies ... S0.30 Utilities $1,400 S0.05 Depreciation ... $16,700 Insurance $12,700

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