Cost of Goods Manufactured

Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $128,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $165,000 and manufacturing overhead of $200,000. Inventory information is as follows:

		June 1	June 30
Materials		$48,000	$45,000
Work in 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