Question

Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Direct materials Direct labor Supplies Utilities Depreciation Insurance Fixed Cost Cost per per Month Machine-Hour $5.50 $ 42,000 $0.30 $ 1,500 $ 0.15 $14.600 $ 11,900 For example, utilities should be $1,500 per month plus $0.15 per machine-hour. The company expects to work 4,000 machine-hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June.

correct answers only please

Answer 1

Preparation of Company's Planning Budget for June -

Wyckam Manufacturing Inc.
planning Budget for manufacturing cost
For the month ended June 30
Expected Machine Hours	4000
Direct Materials (4000 hours @ $ 5.50)	22000
Direct labor (Fixed)	42000
Supplies (4000 hours @ $ 0.30)	1200
Utilities (1500 + 4000 Hours @ $ 0.15)	2100
Depreciation (Fixed Given)	14600
Insurance (Fixed Given)	11900
Total Manufactuing Costs	93800

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