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Question: question 3 swifty inc uses joborder costing for its brand...
Question details
Question 3
Swifty Inc. uses job-order costing for its brand new line of
homework machines. The cost incurred for production during 2020
totalled $7900 of materials, $2900 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 $5600, and the ending balance is $2900. During the
year, the company completed 20 machines. How much is the cost per
machine?
$595
$730
$875
Not enough information is given.
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