Wyckam Manufacturing Incorporated provided the following cost formulas for its manufacturing costs: Fixed Cost per Month...

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"Wyckam Manufacturing Incorporated provided the following cost formulas for its manufacturing costs: Fixed Cost per Month Cost per Machine- Hour Direct materials $ 5.60 Direct labor $ 42,300 Supplies $ 0.40 $ 1,600 $ 0.25 $ 15,300 $ 11,300 Utilities Depreciation Insurance For example, utilities should be $1,600 per month plus $0.25 per machine-hour. The company expects to work 4,000 machine-hours in June. Note the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June. "Wyckam Manufacturing Incorporated provided the following cost formulas for its manufacturing costs: Fixed Cost per Month Cost per Machine- Hour Direct materials $ 5.60 Direct labor $ 42,300 Supplies $ 0.40 $ 1,600 $ 0.25 $ 15,300 $ 11,300 Utilities Depreciation Insurance For example, utilities should be $1,600 per month plus $0.25 per machine-hour. The company expects to work 4,000 machine-hours in June. Note the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June.

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To prepare Wyckam Manufacturing Incorporateds planning budget for June we need to calculate the tota... View the full answer