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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

  1. 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 $153,000 and manufacturing overhead of $223,000. 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

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