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Able Company budgeted production of 5,000 bracelets and 7,500 necklaces for January. Each bracelet requires 5 minutes of labor, and each necklace requires 6 minutes

Able Company budgeted production of 5,000 bracelets and 7,500 necklaces for January. Each bracelet requires 5 minutes of labor, and each necklace requires 6 minutes of labor. If labor costs are $15 per hour, the direct labor cost budget for January is A. $17,500 B. $16,875 C. $18,750 D. $15,625

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