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Question 9 Crane Inc. uses job-order costing for its brand new line of homework machines. The cost incurred for production during 2020 totalled $7000 of

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Question 9 Crane Inc. uses job-order costing for its brand new line of homework machines. The cost incurred for production during 2020 totalled $7000 of materials, $2500 of direct labour costs, and $1100 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 totalled $5800, and the ending balance is $2500. During the year, the company completed 20 machines. How much is the cost per machine? $530 $695 $820 Not enough information is given

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