Question
Direct labor cost budget Quetzaltenango Candle Inc. budgeted production of 60,000 candles for March. Each candle requires molding. Assume that 20 minutes are required to
Direct labor cost budget
Quetzaltenango Candle Inc. budgeted production of 60,000 candles for March. Each candle requires molding. Assume that 20 minutes are required to mold each candle. If molding labor costs $11.75 per hour, determine the direct labor cost budget for March.
| Line Item Description | Answer |
|---|---|
| Hours required for molding: | |
| Candles | fill in the blank 1 min. |
| Convert minutes to hours | fill in the blank 2 min. |
| Molding hours | fill in the blank 3 hrs. |
| Hourly rate | $fill in the blank 4 |
| Total direct labor cost | $fill in the blank 5 |
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
9th Edition
0030259622, 978-0030259623
