Direct labor cost budget Quetzaltenango Candle Inc. budgeted production of 54,000 candles for March. Each candle requires molding. Assume that 10 minutes are required to mold each candle. If molding labor costs $14.25 per hour, determine the direct labor cost budget for March. Quetzaltenango Candle Inc. Direct Labor Cost Budget For the Month Ending March 31 Hours required for molding: Candles min. Convert minutes to hours ÷ min. Molding hours hrs. Hourly rate Total direct labor cost
Direct labor cost budget Quetzaltenango Candle Inc. budgeted production of 54,000 candles for March. Each candle requires molding. Assume that 10 minutes are required to mold each candle. If molding labor costs $14.25 per hour, determine the direct labor cost budget for March. Quetzaltenango Candle Inc. Direct Labor Cost Budget For the Month Ending March 31 Hours required for molding: Candles min. Convert minutes to hours ÷ min. Molding hours hrs. Hourly rate Total direct labor cost
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 4BE: Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires...
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