Wyckam Manufacturing Inc

Accounting Aug 09, 2020

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

Fixed Cost

per Month Cost per

Machine-Hour Direct materials $ 5.30 Direct labor $ 42,000 Supplies $ 0.20 Utilities $ 1,300 $ 0.25 Depreciation $ 15,000 Insurance $ 11,300

For example, utilities should be $1,300 per month plus $0.25 per machine-hour. The company expects to work 4,400 machine-hours in June. Note that the company's direct labor is a fixed cost.

Required:

Prepare the company's planning budget for June.

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