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Direct Labor Cost Budget Dauber Inc. budgeted production of 60,000 personal journals in 20Y6. Each journal requires assembly. Assume that 15 minutes are required to

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Direct Labor Cost Budget Dauber Inc. budgeted production of 60,000 personal journals in 20Y6. Each journal requires assembly. Assume that 15 minutes are required to assemble each journal. If assembly labor costs $16.75 per hour, determine the direct labor cost budget for 2016. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar. $

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