Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $120,000 of materials. Also during the month of June, Slapshot Company incurred direct labour cost of $172,000 and manufacturing overhead of $229,000. Inventory information is as follows: June 1 June 30 Materials $42,000 $51,000 Work in process 60,000 71,000 Required:

1. Calculate the cost of goods manufactured for the month of June. $

2. Calculate the cost of one hockey stick assuming that 18,000 sticks were completed during June. Round your answer to the nearest cent.

$ _____ per hockey stick