Huston Makena is the owner and CEO of H3 Solar Inc., a startup that makes and installs solar panels. In January, H3 Solar received 4 independent orders. The company applies overhead at a rate of $6 per direct labor hour. Direct labor wages average $10 per hour. Job 213 Job 214 Job 217 Job 225 Total sales revenue $4,375 $5,600 $1,150 Price per unit $12 $14 $5 Materials used in production $365 $488 $207 Direct labor cost $700 $2,000 $230 Overhead applied $240 $138 Total manufacturing cost $1,005 $3,073 $575 Number of units 350 400 Unit cost $10.05 $9.22
Huston Makena is the owner and CEO of H3 Solar Inc., a startup that makes and installs solar panels. In January, H3 Solar received 4 independent orders. The company applies overhead at a rate of $6 per direct labor hour. Direct labor wages average $10 per hour. Job 213 Job 214 Job 217 Job 225 Total sales revenue $4,375 $5,600 $1,150 Price per unit $12 $14 $5 Materials used in production $365 $488 $207 Direct labor cost $700 $2,000 $230 Overhead applied $240 $138 Total manufacturing cost $1,005 $3,073 $575 Number of units 350 400 Unit cost $10.05 $9.22
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Huston Makena is the owner and CEO of H3 Solar Inc., a startup that
makes and installs solar panels. In January, H3 Solar received 4
independent orders. The company applies overhead at a rate of $6 per
direct labor hour. Direct labor wages average $10 per hour.
Job 213
Job 214
Job 217
Job 225
Total sales revenue
$4,375
$5,600
$1,150
Price per unit
$12
$14
$5
Materials used in
$365
$488
$207
production
Direct labor cost
$700
$2,000
$230
Overhead applied
$240
$138
Total manufacturing cost
$1,005
$3,073
$575
Number of units
350
400
Unit cost
$10.05
$9.22
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