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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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 %$412 $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 What is the prico no
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 %$412 $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 What is the prico no
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