Cornerstone Exercise $2-23$ Cost of Goods Sold

Slapshot Company makes ice hockey sticks. During the month of June, $18,000$ sticks were completed at a cost of goods manufactured of $$486,000.$ Suppose that on June $1,$ Slapshot had $5,000$ units in finished goods inventory costing $$160,000$ and on June $30,7,000$ units in finished goods inventory costing $$215,000.$

Required:

$1.$ Prepare a cost of goods sold statement for the month of June.

$2.$ Calculate the number of sticks that were sold during June.