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11 March, 00:15

Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour Direct materials $ 5.70 Direct labor $ 42,900 Supplies $ 0.10 Utilities $ 1,400 $ 0.25 Depreciation $ 14,900 Insurance $ 11,900 For example, utilities should be $1,400 per month plus $0.25 per machine-hour. The company expects to work 4,200 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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  1. 11 March, 03:47
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    The preparation of the company's planning budget for June is shown below:

    Wyckam Manufacturing Inc

    June month

    Direct materials (4,200 machine hours * $5.70) $23,490

    Direct labor $42,900

    Supplies (4,200 machine hours * $0.10) $420

    Utilities ($1,400 + 4,200 machine hours * $0.25) $2,450

    Depreciation $14,900

    Insurance $11,900

    Total Manufacturing Costs $96,060
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