Direct labor cost budget Quetzaltenango Candle Inc. budgeted production of 60,000 candles for March. Each...
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Accounting
Direct labor cost budget
Quetzaltenango Candle Inc. budgeted production of 60,000 candles for March. Each candle requires molding. Assume that 20 minutes are required to mold each candle. If molding labor costs $11.75 per hour, determine the direct labor cost budget for March.
Line Item Description
Answer
Hours required for molding:
Candles
fill in the blank 1 min.
Convert minutes to hours
fill in the blank 2 min.
Molding hours
fill in the blank 3 hrs.
Hourly rate
$fill in the blank 4
Total direct labor cost
$fill in the blank 5
Answer & Explanation
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