Crane Company uses job order costing for its line of dual zone wine refrigerators. The cost incurred for production during 2022 totaled $8000 of materials, $4000 of direct labor costs, and $1000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning Work in Process Inventory totaled $5000, and the ending balance is $4000. During the year, the company completed 25 refrigerators. How much is the cost per refrigerator?

$520

$560

$480

$720