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Sheridan Inc. uses job-order costing for its brand new line of homework machines, The cost incurred for production during 2022 totalled $7800 of materials, $2300
Sheridan Inc. uses job-order costing for its brand new line of homework machines, The cost incurred for production during 2022 totalled $7800 of materials, $2300 of direct labour costs, and $1200 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 totalled $5000, and the ending balance is $2300. During the year, the company completed 10 machines. How much is the cost per machine? $1130$1400$1630 Not enough information is given
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