15. Sheridan Company's inventory records show the following data: Inventory, January 1 Purchases: June 18 November 8 Alt+A+ Units O $25800. O $145900. $153840. O $158800. 9800 $9.00 8800 Unit Cost 5800 7.00 A physical inventory on December 31 shows 4300 units on hand. Sheridan sells the units for $12 each. The company has an effective tax rate of 22%. Sheridan uses the periodic inventory method. Under the LIFO method, cost of goods sold is 6.00

Sheridan Compary's inventory records show the following data: A plyysical inventory on December 31 shows 4300 units on hand. Sheridan sells the units for $12 each. The company has an effective tax rate of 22%. Sheridan uses the periodic inventory method. Under the LIFO method, cost of goods sold is $25800.$145900$153840$158800