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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.)
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 SHERIDAN MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 226,320 Raw materials available for use Raw materials inventory (12/31) 34,040 Direct materials used $234,600 Direct labor Manufacturing overhead $312.800
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