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

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Accounting

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

Fixed Cost per Month Cost per Machine-Hour
Direct materials $ 5.40
Direct labor $ 42,300
Supplies $ 0.20
Utilities $ 1,400 $ 0.15
Depreciation $ 15,500
Insurance $ 11,300

For example, utilities should be $1,400 per month plus $0.15 per machine-hour. The company expects to work 4,100 machine-hours in June. Note that the companys direct labor is a fixed cost.

Required:

Prepare the companys planning budget for June.
Wyckam Manufacturing Inc.
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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