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Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: ...

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Accounting

Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs:

Fixed Cost per Month Cost per Machine-Hour
Direct materials $ 5.40
Direct labor $ 42,300
Supplies $ 0.40
Utilities $ 1,300 $ 0.25
Depreciation $ 14,700
Insurance $ 11,200

For example, utilities should be $1,300 per month plus $0.25 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.

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