Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $42,000 of materials in inventory. During

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Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $42,000 of materials in inventory. During the month of June, the company purchased $126,000 of materials. On June 30, materials inventory equaled $51,000.

Required:
Calculate the direct materials used in production for the month of June.
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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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