Sheridan Corporation incurred the following costs while manufacturing its product. Work in process inventory was $30,780 at January 1 and $17,670 at December 31. Finished goods inventory was $74,100 at January 1 and $57,650 at December 31 . (Assume all raw materials used were direct materials.) (a) Your answer has been saved. See score details after the due date. Compute cost of goods manufactured. Cost of goods manufactured $ Attempts: 1 of 1 used (b) Compute cost of goods sold. Cost of goods sold $