Pasadena Candle Inc. budgeted production of 33,000 candles for the year. Each candle requires molding. Assume that 15 minutes are required to mold each candle.
Pasadena Candle Inc. budgeted production of 33,000 candles for the year. Each candle requires molding. Assume that 15 minutes are required to mold each candle. If molding labor costs $11.25 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 |
|
| 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 |
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started