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Current Attempt in Progress For the year ended December 31, 2022, the job cost sheets of Sheridan Company contained the following data. 1. Job Number

Current Attempt in Progress For the year ended December 31, 2022, the job cost sheets of Sheridan Company contained the following data. 1. Job Number 2. Other data: 3. 4. 5. 6. 7. 7640 7641 7642 Explanation Baland 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Materials $28,500 34,200 12,540 49,020 66,120 Direct Manufacturing Labor Overhead $27,360 41,040 20,520 54,720 62,700 $32,832 49,248 24,624 65,664 75,240 Total Costs $88,692 124,488 57,684 169,404 204,060 Raw materials inventory totaled $17,100 on January 1. During the year, $159,600 of raw materials were purchased on account. Finished goods on January 1 consisted of Job No. 7638 for $99,180 and Job No. 7639 for $104,880. Job No. 7640 and Job No. 7641 were completed during the year. Job Nos. 7638, 7639, and 7641 were sold on account for $604,200. Manufacturing overhead incurred on account totaled $136,800. Incurred depreciation on factory machinery $9,120. Assigned indirect materials of $15,960 and indirect labor of $20,520.
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Current Attempt in Progress For the year ended December 31.2022, the job cost sheets of Sheridan Company contained the following data Otherdata: 1. Raw materials inventory totaled $17,100 on January 1 . During the year, $15%,600 of raw materials were purchased on account. 2. Finished goods on Jamuary 1 consisted of Job Na. 7638 for $99,180 and Job No, 7639 for $104,880. 3. Job No. 7640 and Job Na. 7641 were cempleted during the year. 4. Job Nos, 7638,7639 , and 7641 were sold on account for $604,200. 5. Manufacturing overhead incurred on account totaled $136,800. 6. Incurred depreciation on factory machinery $9,120. 7. Assigned indirect materials of $15,960 and indirect labor of $20,520. Prove the agreement of Work in Process tewentory with job cost sheets pertaining to unfinished work. Post esch to the T-account in the following orden (1) beginning balance, (2) direct materlak. (3) direct labor. (4) manufacturingoverhead, and (5) completed jobs

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