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Fill in the missing information on the cost of goods manufactured schedule of Sheridan Manufacturing Company: (Assume all raw materials used were direct materials.) Work
Fill in the missing information on the cost of goods manufactured schedule of Sheridan Manufacturing Company: (Assume all raw materials used were direct materials.) Work in process inventory (1/1) Direct materials Raw materials inventory (1/1) Raw materials purchases Raw materials available for use Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process inventory (12/31) Cost of goods manufactured LA SHERIDAN MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 280,440 42,180 21,660 43,320 44,460 $290,700 $387,600 367,080 $547,200
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