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Cost of Goods Sold Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured
Cost of Goods Sold Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured of $498,000. Suppose that on June 1, Slapshot had 670 units in finished goods inventory costing $160,000 and on June 30, 930 units in finished goods inventory costing $215,000. 1. Prepare a cost of goods sold statement for the month of June. Slapshot Company Cost of Goods Sold Statement For the Month of June Cost of goods manufactured Finished goods inventory, June 1 Finished goods inventory, June 30 V Cost of goods sold Feedback 2. Calculate the number of sticks that were sold during June units
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