$4,909,500 The following information was available for 2022 Sales (selling price per unit, $45) Actual manufacturing overhead Selling and administrative expenses 706,200 350.960 $5.00 Unit production costs Direct materials (1 kilogram Direct labour (1/2 hour) Manufacturing overhead 7.00 8.00 Total $20.00 149 800 units Units completed and transferred to finished goods Materials purchased Materials used in process 133.750 kilograms 145,520 kilograms An inventory count at year end (December 31, 2022) revealed that the inventories had the following balances Raw materials 8.560 kilograms Work in process inventory (45% complete) 23.540 units Finished goods 48.150 units The January 1, 2022. work in process inventory units are 70% complete. The unit cost of production was the same in 2022 as it was in 2021 Calculate the following amounts for Sheridan Inc The opening January 1, 2022) balance in units and costs of (1) raw materials. (2) work in process inventory, and (3) finished goods Units Cost (1) Opening Balance - Raw Materials $ (2) Opening Balance - Work in Process Inventory $ (3) Opening Balance - Finished Goods The equivalent units of production for 2022 for (1) materials and (2) conversion costs Direct Materials Conversion Equivalentunits of production for 2022 The total cost for 2022 for (1) materials used and (2) conversion applied Direct Materials Conversion Total cost for 2022 The cost of ending work in process inventory for 2022 Cost assigned to ending work in process inventory The cost of units completed and transferred to finished goods Cost of units completed and transferred to finished goods $