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Sheridan Company reported the following year-end information: Beginning work in process inventory $ 40000 Beginning raw materials inventory 27000 Ending work in process inventory 60000

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Sheridan Company reported the following year-end information: Beginning work in process inventory $ 40000 Beginning raw materials inventory 27000 Ending work in process inventory 60000 Ending raw materials inventory 22000 Raw materials purchased 740000 Direct labor 440000 Manufacturing overhead 100000 How much is Sheridan's cost of goods manufactured for the year? $1280000 $1285000 $1305000

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