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wyckam Acrobat Warning! Due to inactiv, × / W Start Here-ACCT1041 Welcome to Chrome X (--> C??ezta.mheducation.com/hm.tpx 2.00 points Wyckam Manufacturing Inc has provided the following information concerning its manufacturing costs $ 5.30 Direct materials Direct labor Supplies Utilities Depreciation Insurance $42,000 s 0.10 $ 0.10 1,400 $15,400 $11,600 For example, utilities should be $1,400 per month plus S0. work 4,300 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. 10 per machine-hour. The company expects to Wyckam cturing Inc nning Budget for Manufacturing Costs For the Month Ended June 30 Direct materials Direct labor Supplies Utilities Depreciation Total manufacturing cost References eBook & Resources Worksheet Difficulty 1 Easy Check my.work

Explanation / Answer

Direct Materials cost for June = Machine Hours*Cost per machine hour

= 4,300 hrs*$5.30 = $22,790

Supplies cost for June = Machine Hours*Cost per machine hour

= 4,300 hrs*$0.10 = $430

Utilities cost for June = Fixed Cost+(Machine Hours*Cost per machine hour)

= $1,400+(4,300 hrs*$0.10) = $1,400+$430 = $1,830

Wyckam Manufacturing Inc.

Planning Budget for Manufacturing costs

For the month ended June 30 (Amounts in $)

Direct Materials 22,790 Direct Labor 42,000 Supplies 430 Utilities 1,830 Depreciation 15,400 Insurance 11,600 Total manufacturing Cost 94,050

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