Current Attempt in Progress Sheridan Company had beginning inventory on May 1 of $11,040. During the month, the company made purchases of $34,960 but returned $1,840 of goods because they were defective. At the end of the month, the inventory on hand was valued at $15,180. Calculate cost of goods available for sale and cost of goods sold for the month. Cost of goods available for sale Cost of goods sold Save for Later $ $ Attempts: 0 of 1 used Submit Answer

Sheridan Company had beginning inventory on May 1 of $11,040. During the month, the company made purchases of $34,960 but returned $1,840 of goods because they were defective. At the end of the month, the inventory on hand was valued at $15,180. Calculate cost of goods available for sale and cost of goods sold for the month. Cost of goods available for sale Cost of goods sold $