Cost of Goods Manufactured

Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $126,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $158,000 and manufacturing overhead of $214,000. 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