Sheridan Company had 550 units of "Tank in its inventory $4 each. I $11 each, resulting in a gross profit of $2130. The cost flow assumption used by Sherldan ory at a cost of $4 each. It purchased, for $2780, 290 more units of Tank. Sheridan then sold 420 units at a selling price of is weighted average. t bn dstermies is uro. Click if you would like to Show Work for this question: Open Show Wock