intem Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 36,000 candies for the year. Each candle requires molding. Assume that five minutes are required to mold each candle. In molding labor costs $14 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: Cand es Convert minutes to hours min, min, hrs. Molding hours Hourly rate Total direct labor cost