just do be 21-5

BE 21-3 Direct materials purchases budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Wax is required produce a candle. Assume 10 ounces of wax is required for each candle. The estimates 1 wax inventory is 16,000 pounds. The desired December 31 wax inventory is 12,500 pounds candle wax costs $1.24 per pound, determine the direct materials purchases budget for the SHOW ME NOW 06 BE 21-4 Direct labor cost budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle regano molding. Assume that six minutes are required to mold each candle. If molding labor costs per hour, determine the direct labor cost budget for the year. SHOW ME HOW SHOW ME HOW BE 21-5 Cost of goods sold budget 064 Prepare a cost of goods sold budget for Pasadena Candle Inc. using the information in Bee Exercises 3 and 4. Assume the estimated inventories on January 1 for finished goods and work in process were $200,000 and $41,250, respectively. Also assume the desired inventories to December 31 for finished goods and work in process were $120,000 and $28,500, respectives Factory overhead was budgeted at $300,000