Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Month Cost per Machine-Hour $5.70 Direct materials Direct labor Supplies Utilities Depreciation Insurance $42,600 $ 0.20 $ 0.10 $ 1,300 $15,400 $11,600 For example, utilities should be $1,300 per month plus $0.10 per machine-hour. The company expects to wo 4,200 machine-hours in June. Note that the company’s direct labor is a fixed cost. Required: Complete the company’s planning budget for manufacturing costs 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
Darshita Changed status to publish July 25, 2020
Answer:
| WYCkam maufaturing inc | |
| Planning budget for manufacturing costs | |
| For the month ended June 30 | |
| Direct material (4200 x 5.7) | 23940 |
| Direct labor(As given) | 42600 |
| Supplies (4200 x 20) | 840 |
| Utilities (1300 + 4200x 0.10) | 1720 |
| Depreciation(As given) | 15400 |
| Insurance(As given) | 11600 |
| Total manufacturing cost | 96100 |
Darshita Changed status to publish July 25, 2020
