1. Direct Labor Cost Budget

   Pasadena Candle Inc. budgeted production of 39,000 candles for the year. Each candle requires molding. Assume that 12 minutes are required to mold each candle. If molding labor costs $16.5 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				min.
   Convert minutes to hours				min.
   Molding hours				hrs.
   Hourly rate			$
   Total direct labor cost			$