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1. Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 48,000 candles for January. Each candle requires molding. Assume that three minutes are required

1. Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 48,000 candles for January. Each candle requires molding. Assume that three minutes are required to mold each candle. If molding labor costs $10.25 per hour, determine the direct labor cost budget for January. Round total direct labor cost to the nearest dollar, if required.

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