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find thr finished goods inventory cost Sheridan Company produced 10,000 units during the past year but sold only 8,000 of the units. The following additional

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Sheridan Company produced 10,000 units during the past year but sold only 8,000 of the units. The following additional information is also available: There was no work in process inventory at the beginning of the year. Sheridan did not have any beginning finished goods inventory either. There was no work in process inventory at the beginning of the year. Sheridan did not have any beginning finished goods inventory either. (a) Calculate Sheridan Company's finished goods inventory cost on December 31 under variable costing. (Round per unit calculations to 2 decimal places, eg. 15.25 and final answer to 0 decimal places, es. 125.) Finished goods inventory cost 5 eTextbook and Media

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