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Pasadena Candle Inc. budgeted production of 33,000 candles for the year. Each candle requires molding....

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Accounting

Pasadena Candle Inc. budgeted production of 33,000 candles for the year. Each candle requires molding. Assume that 15 minutes are required to mold each candle. If molding labor costs $11.25 per hour, determine the direct labor cost budget for the year.

Round hourly rate to nearest cent, if required.

Pasadena Candle Inc. Direct Labor Cost Budget For the Year Ending December 31

Hours required for assembly:

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

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