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 $496,000. 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.

2. Calculate the number of sticks that were sold during June.