Question
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 30,000 candles for the year. Each candle requires molding. Assume that 10 minutes are required
Direct Labor Cost Budget
Pasadena Candle Inc. budgeted production of 30,000 candles for the year. Each candle requires molding. Assume that 10 minutes are required to mold each candle. If molding labor costs $16.25 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 | min. | |||
| Convert minutes to hours | min. | |||
| Molding hours | hrs. | |||
| Hourly rate | ||||
| Total direct labor cost |
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
