The following costs and inventory data were taken from the accounts of Sheridan Company for 2022: (Assume all raw materials used were direct materials.) January 1, 2022 December 31, 2022 Inventories: Raw materials $ 9,120 $ 7,980 Work in process 17,100 14,820 Finished goods 18,240 13,680 Costs incurred: Raw materials purchases $ 111,720 Direct labor 47,880 Factory rent 9,120 Factory utilities 11,400 Indirect materials 6,840 Indirect labor 10,260 Operating expenses 19,380 (a) Your answer has been saved. See score details after the due date. Prepare a schedule showing the amount of direct materials used in production during the year. Raw Materials Inventory, Beginning $ 9,120 Raw Materials Purchases 111,720 Raw Materials Available for Use 120,840 Less V: Raw Materials Inventory, Ending 7,980 Direct Materials Used $ 112860 (b) Your answer has been saved. See score details after the due date. Compute the amount of manufacturing overhead incurred during the year. Total manufacturing overhead 37,620 eTextbook and Media Prepare a schedule of Cost of Good Manufactured for Sheridan Company for the year ended December 31, 2022 in good form SHERIDAN COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2022 Work in Processory, Begini v Dir. Mas Raw Materials invertory Begjering 2120 Raw Materials Purchases 111,720 Raw Materia's wailable for use LV: Raw Materials in entory ending 7.900 Direct Matera 112000 DirectLab 47.990 Manufacturing och 37.620 Tantalanufacturing Cats Total Cost of Work in Process Work in Process Funny Endi Castor Goods Manufactured Prepare a schedule of Cost of Good Manufactured ter Sheridan Company for the year ended December 21 2022 in good tom SHERIDAN COMPANY Schedule of Coat of Goods Manufactured For the Year Ended December 31, 2022 17100 3 gine 111.720 Us 12040 als inwentary Ending $ 112,850 37,620 1923 215,450 KASSE