Pasadena Candle Inc. budgeted production of 60,000 candles for January. Each candle requires molding. Assume that five minutes are required to mold each candle. If molding labor costs $11.5 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 min. Convert minutes to hours min. Molding hours hrs. Hourly rate Total direct labor cost