Exercise 9-9 Planning Budget [LO9-1] Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Cost Machine-Hour per Month $ 5.50 Direct materials Direct labor $ 42,400 Supplies Utilities $0.20 $0.30 $ 1,400 $ 15,000 $ 11,400 Depreciation Insurance For example, utilities should be $1,400 per month plus $0.30 per machine-hour. The company expects to work 4,300 machine-hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget 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
Exercise 9-9 Planning Budget [LO9-1] Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: Fixed Cost per Cost Machine-Hour per Month $ 5.50 Direct materials Direct labor $ 42,400 Supplies Utilities $0.20 $0.30 $ 1,400 $ 15,000 $ 11,400 Depreciation Insurance For example, utilities should be $1,400 per month plus $0.30 per machine-hour. The company expects to work 4,300 machine-hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget 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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Exercise 9-9 Planning Budget [LO9-1]
Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs:
Fixed
Cost per
Cost
Machine-Hour
per Month
$ 5.50
Direct materials
Direct labor
$ 42,400
Supplies
Utilities
$0.20
$0.30
$ 1,400
$ 15,000
$ 11,400
Depreciation
Insurance
For example, utilities should be $1,400 per month plus $0.30 per machine-hour. The company expects to work 4,300 machine-hours in
June. Note that the company's direct labor is a fixed cost.
Required:
Prepare the company's planning budget 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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8aeb4c9c-8d33-4b47-954d-a4d3ce02aa40%2F31958b92-c3ed-4838-9583-6f5ce6dd69c2%2Fgf0r8su.png&w=3840&q=75)
Transcribed Image Text:Exercise 9-9 Planning Budget [LO9-1]
Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs:
Fixed
Cost per
Cost
Machine-Hour
per Month
$ 5.50
Direct materials
Direct labor
$ 42,400
Supplies
Utilities
$0.20
$0.30
$ 1,400
$ 15,000
$ 11,400
Depreciation
Insurance
For example, utilities should be $1,400 per month plus $0.30 per machine-hour. The company expects to work 4,300 machine-hours in
June. Note that the company's direct labor is a fixed cost.
Required:
Prepare the company's planning budget 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
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