Wyckam Manufacturing Inc. has provided the following estimates concerning its manufacturing costs: Fixed Cost Cost per Machine-Hour per Month $ 5.50 Direct materials Direct labor $ 42,600 $ 8.10 Supplies Utilities $ 1,200 $ 14,900 $ 11,800 $0.25 Depreciation Insurance For example, utilities should be $1,200 per month plus $0.25 per machine-hour. The company expects to work 4,500 machine- hours in June. Note that the company's direct labor is a fixed cost. Required: Prepare the company's planning budget for June.

The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year:     Machine Hours Direct Labor Costs Busiest month (June) 17,500 $ 229,022 Slowest month (December) 10,200 $ 155,000   If Macon expects to use 13,500 machine hours next month, what are the estimated direct labor costs?

Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 20,900 Cost per Repair-Hour. $ 15.00 $ 7.78 $8.35 $ 1.80 Wages and salaries. Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses For example, wages and salaries should be $20,900 plus $15.00 per repair-hour. The company expected to work 2,500 repair-hours In May, but actually worked 2,400 repair-hours. The company expects its sales to be $45.00 per repair-hour. Revenue Expenses: $ 2,760 $ 5,790 $ 4,640 $ 3,850 Required: Compute the company's activity variances for May. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 31 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net operating…

Head-First Company plans to sell 4,400 bicycle helmets at $84 each in the coming year. Product costs include: Direct materials per helmet $ 30 Direct labor per helmet 5.50 Variable factory overhead per helmet 2.00 Total fixed factory overhead 20,000   Variable selling expense is a commission of $2.90 per helmet; fixed selling and administrative expense totals $29,500.   Required: 1. Calculate the total variable cost per unit. 2. Calculate the total fixed expense for the year. 3. Prepare a contribution margin income statement for Head-First Company for the coming year.