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Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $122,000 of materials. Also during the month
Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $122,000 of materials. Also during the month of June, Slapshot Company incurred direct labor cost of $172,000 and manufacturing overhead of $248,000. 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. 437,000 X k 2. Calculate the cost of one hockey stick assuming that 1,900 sticks were completed during June. Round your answer to the nearest cent. 230 x per hockey stick Feedback
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