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Sheridan Company uses a job order cost system. On May 1, the company has a...

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Accounting

Sheridan Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,220 and two jobs in process: Job No.429 $1,840, and Job No.430 $1,380. During May, a summary of source documents reveals the following.
\table[[JobNumber429,\table[[Materials],[Requisition Slips]],\table[[Labor Time],[Tickets]]],[$2,300,,$1,760,],[430,3,220,,2,760,],[431,4,060,$9,580,7,000,$11,520
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