Cost of Goods Manufactured

Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $121,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $167,000 and manufacturing overhead of $212,000. Inventory information is as follows:

June 1June 30Materials$48,000$45,000Work in process65,00063,000

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