Pasadena Candle Inc. budgeted production of 48,000 candles for January. Each candle requires molding. Assume that 12 minutes are required to mold each candle. If molding labor costs $10 per hour, determine the direct labor cost budget for January.

Round total direct labor cost to the nearest dollar, if required.

Pasadena Candle Inc. Direct Labor Cost Budget For the Month Ending January 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