Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs Fixed Cost per Month Cost per Machine Hour Direct materials $ 5 50 Direct labor $ 42,700 Supplies $ 0 30 Utilities $ 1,200 $ 0 10 Depreciation $ 14,800 Insurance $ 11,500 For example, utilities should be $1,200 per month plus $0 10 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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Question: Wyckam Manufacturing Incorporated has provided the following estimates concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour Direct materials $ 5.50 Direct labor

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

	Fixed Cost per Month	Cost per Machine-Hour
Direct materials		$ 5.50
Direct labor	$ 42,700
Supplies		$ 0.30
Utilities	$ 1,200	$ 0.10
Depreciation	$ 14,800
Insurance	$ 11,500

For example, utilities should be $1,200 per month plus $0.10 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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