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Cost of Goods Manufactured June, Slapshot Company incurred direct labor cost of $177,000 and Slapshot Company makes ice hockey sticks. During the month of June,
Cost of Goods Manufactured June, Slapshot Company incurred direct labor cost of $177,000 and Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $125,000 of materials. Also during the month manufacturing overhead of $237,000. Inventory information is as follows: June 1 June 30 Materials $48,000 $45,000 Work process 65,000 63,000 Required: 1. Calculate the cost of goods manufactured for the month of June. 2. Calculate the cost of one hockey stick assuming that 1,900 sticks were completed during June. Round your answer to the nearest cent. per hockey stick
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