Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Month...
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Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour $5.40 $ 43,000 Direct materials Direct labor Supplies Utilities Depreciation $0.20 $0.20 $1,500 $ 14,500 Insurance $11,800 For example, utilities should be $1,500 per month plus $0.20 per machine-hour. The company expects to work 4,300 machine-hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's 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 Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour $5.40 $ 43,000 Direct materials Direct labor Supplies Utilities Depreciation $0.20 $0.20 $1,500 $ 14,500 Insurance $11,800 For example, utilities should be $1,500 per month plus $0.20 per machine-hour. The company expects to work 4,300 machine-hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's 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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Related Book For
Managerial Accounting
ISBN: 978-0078111006
14th edition
Authors: Ray Garrison, Eric Noreen and Peter Brewer
Posted Date:
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